How to sell your business

We’re often asked the best way to sell a business. There are two key components at play in the sale of a business; structuring the transaction and positioning the business to the market. Both elements are important and can significantly impact your result.

New BusinessJPR BUSINESS GROUP3 February 2021sell you business, business

Winding-up: Simplifying small business insolvency

On 1 January 2021, new laws came into effect that introduce a new, simplified debt restructuring and liquidation framework for small business.

Corporate Secretarial, Financial AccountingJPR BUSINESS GROUP2 February 2021insolvency, business

The Final Stage Of JobKeeper And How To Access It

The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject to ongoing lockdowns and trading impediments to those benefiting from the “new normal”.

Taxation, New Business, Financial AccountingJPR BUSINESS GROUP1 February 2021jobkeeper, business, jobkeeper payment

JobKeeper: The next steps

The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of JobKeeper and for those no longer eligible.

Taxation, Financial Accounting, Corporate SecretarialJPR BUSINESS GROUP1 October 2020jobkeeper payment, jobkeeper, JobKeeper, Jobkeeper 2.0, ATO, Tax, business, small business, employment, sole trader, covid-19, coronavirus

Preventing a tsunami of insolvencies

The Government has stepped in to prevent a wave of insolvencies when the COVID-19 support measures run their course in December 2020. Temporary insolvency and bankruptcy protections are in place until 31 December 2020 to enable businesses to trade through the pandemic

Financial Accounting, TaxationJPR BUSINESS GROUP28 September 2020small business, sole trader, business, business assistance, ATO, australian tax office, covid-19, coronavirus, Taxation, tax

Forecasting during a pandemic

Now, more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent.

So, how do you plan for uncertainty when every assumption is subject to change?

Business Development, Corporate Secretarial, Financial AccountingJPR BUSINESS GROUP2 September 2020business, covid-19, business forecasting

Your questions answered: State Government Grants

My business received a grant from the State Government. Do I pay tax on it?

Financial Accounting, Corporate SecretarialJPR BUSINESS GROUP2 September 2020state government grant, business, tax

Has COVID-19 devalued your business?

If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But, to what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re going to come out of it eventually’?

Corporate Secretarial, Financial Accounting, New BusinessJPR BUSINESS GROUP1 September 2020business, covid-19, pandemic, coronavirus

What now? Where to get help if you need it

The Government has announced further changes to the JobKeeper scheme. The good news is that employees that missed out on JobKeeper because they were not employed on 1 March 2020 might now be eligible

Corporate Secretarial, Financial Accounting, New Business, TaxationJPR BUSINESS GROUP13 August 2020jobkeeper payment, jobkeeper, coronavirus, covid-19, business, business assistance

1 July company tax rate reduction

Despite the current economic environment, the company tax rate will reduce to 26% for small and medium businesses from 1 July 2020.

Financial Accounting, TaxationJPR BUSINESS GROUP1 June 2020company tax, business, ATO, small business, medium business