Webinar 3 April 2020
These are unprecedented times for businesses and their people. At SMART Business Solutions we want to provide you with accurate and logical
advice to help you minimise the impact the Covid-19 pandemic will have on your business. We’re here to support our clients to develop a plan
to get through the coming months.
On Friday April 3rd we hosted a complimentary webinar for our clients to:
✅ Help you build resilience in your team and family at this time
✅ Outline the things you should consider now to minimise the impact on your business
✅ Share a process, a guide and a template for creating your Business Continuity Plan
✅ Give supporting information to help you engage your suppliers, employees, bank and advisors to drive empathetic and effective
conversations
✅ Outline some ways we can help you fast track the development of your plan
In addition, we provided our clients with a template for them to prepare their own Business Continuity Plan. Get
your template here and download the
full Business
Continuity Plan guidebook here.
On 31 March 2020, the Fringe Benefits Tax (FBT) year ends. With the ever increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount. Who needs to lodge a FBT return? Find out here.
With the borders between the State and Territories all but open and 2021 in sight, there is a hunger for a return to normal. With Australia's desire to ‘get on with things,' sentiment reached its highest level since November 2013 and Christmas spending is expected to be consistent with previous years.
Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use.
