If you spent time working from home since COVID-19 entered our lives you may have utilised the Australian Taxation Office (ATO) shortcut method to claim a deduction in your tax return. This shortcut m...
As a business owner you know that there are so many things that you need to know and be responsible for. Who do you turn to? Who do you talk to? You might have different people for different things...
Why did you start your own business? Most people have done it for flexibility (which can be argued) and to make money. Have you ever been asked “simple” questions about your business that you have ...
I’m sure that we ask ourselves every day at the moment. Is it getting harder or is that just me?! Business is hard, there is a lot going on in the world, lots of moving pieces and I think it feels ...
Does ESG matter? ESG has been a term since 2005 however in recent times it has gained some traction! ESG (Environmental, Social and Governance) has been receiving more Google searches and more r...
If you're reading this, it probably means that like most of us your interest rates have risen too. Download our fact sheet for answers to any questions you might have about interest rate rises, and h...
The Queensland Government has recently announced an additional round to the Made in Queensland Program. This program will allow Queensland based manufacturing SME to be reimbursed up to 50% of eligibl...
With seven months until the 2023-24 Budget is released in May 2024, it is fair to say that this Budget 2.0 for 2022-23 is a shuffling of the deck and not a new set of cards. There is nothing in the...
Whatever school of thought you’re from regarding our current economic situation and where we are headed, it is wise to “recession-proof” your business as much as possible. Here are our top tips for p...
There have been a lot of rule changes in the super space which came into effect on 1 July 2022. Generally, contributions to superannuation ceased or were severely limited once a member turned 65, bu...
First announced in the March 2022 budget, the government plans to revive two initiatives that give small businesses 120 per cent tax deductions for spending on digital initiatives and spending on staf...
ESG and Small to Medium Business As business owners and leaders, we all have a role to play in addressing climate change and sustainability, and increasingly so with a strengthening focus on ESG (Env...
Do you drive your car without insurance? Of course not. So, why run your business without insurance? Every year we offer Tax Audit Insurance and here is our why. In the 2021-22 tax year, as you...
The August edition of the Powerline Newsletter is here! Click the download button below to catch up on our latest staff updates, announcememnts and articles. ...
The Treasury Laws Amendment (Electric Car Discount) Bill 2022 has been introduced into parliament and could see employees provided with electric vehicles with no tax implications if successful. The b...
The Business Basics grant program provides support to businesses to advance improvements in efficiency and productivity and will pay a maximum of $15,000 (excluding GST). To be eligible for this gra...
We are excited to announce Power Tynan is partnering with Natural Capital Co (NCC). We are looking forward to working alongside them to offer a broader range of services to our clients as a result. ...
With the rate of change currently occurring, when was the last time you evaluated your products and services from your customer’s point of view? I’m talking about really looking at what you’re sellin...
If you’re reading this, it probably means that interest rates have risen. This fact sheet contains answers to any questions you might have about an interest rate rise, and how it might impact you. ...
Remember – there is a lot more to your home loan than fees and rates. In this guide is some information explaining the different types of loans and their features to help you make an informed decisi...
