Congratulations! You have recently become a small business owner or maybe have an opportunity to start a business. It’s now time for a reality check! Australian Government statistics provide a stark insight into business failures in Australia: somewhere between 50% and 75% of businesses fail within 3 to 5… Read More >>
Archives for July 2013
Ebonie, OBT’s new receptionist, has some pretty big shoes to fill in the wake of Marilyn’s retirement and Debbie changing roles. But she is no stranger to Gatton and will recognise the faces coming and going from OBT’s office being a local girl with dad running Greinke Farms and mum running her local millinery business.
The ATO is due release its annual compliance program, detailing its targets for the 2014 financial year for all taxpayers including individuals, business and superannuation funds, taking special interest at the rich as part of its crackdown on undeclared overseas bank accounts and income: For… Read More >>
Previously, FBT allowed people to claim concession under the statutory method (20 per cent of the cost of their car) or the operational method (calculated running cost based on personal use of the car). The operational method was more rigorous and required a logbook be… Read More >>
ON a windy morning in California’s Salinas Valley, a tractor pulled a wheeled, metal contraption over rows of budding iceberg lettuce plants. Engineers from Silicon Valley tinkered with the software on a laptop to ensure the machine was eliminating the right leafy buds. The engineers… Read More >>