Related articles
23 April 2024
Preparing Your Business for Tax Debt Changes in 2025
The Australian government has recently announced that starting from July 1, 2025, the general interest charge (GIC) and shortfall interest charge (SIC) will no longer be deductible. The move to expedite tax debt recovery efforts has been undertaken due to the fact that there is currently over $50 billion in collectable tax debt outstanding. This debt is predominantly owed by small businesses. The aim of this move is to recover the outstanding tax debt at a faster pace, which will help to improve the overall financial health of the country and ensure that businesses are fulfilling their tax obligations. By...
23 April 2024
What is Business Lending? How it Works & the Key Benefits
For many business owners, access to capital can be crucial for growth, investment, and even maintaining day-to-day operations. Business lending can serve as a vital resource, providing the necessary funds to achieve your objectives. So, what exactly is business lending, how does it work, and what benefits does it offer? Understanding commercial lending and the role it plays can be pivotal to the success of your business. Here we break down what you need to know about business lending, exploring its mechanisms, applications, and the advantages can bring to businesses ranging from small start-ups, to large corporations. What is Business...
20 March 2024
What is Cyber Insurance? How to Protect Your Business from a Cyber Attack
Cyber insurance, also known as ‘cyber liability insurance,’ is a type of insurance coverage designed to protect businesses from the potential losses and damages resulting from a cyber attack or data breach. With the increasing prevalence of cyber threats in today’s digital landscape, cyber insurance has become a vital component of risk management for Australian businesses, as it provides financial protection by covering various costs associated with cyber incidents – including investigation expenses, legal fees, notification costs, and more. Let’s explore the intricacies of cyber insurance and how it can safeguard your business against the ever-evolving threat of cyber attacks....
8 March 2024
ADENCO & RSK Australia: making waves in water management in the Pilbara
Since 2015, ADENCO Water Management & Civil Engineering has been a major player in the Australian resource and commodity industries. They have grown into the far north of WA, delivering integral water management solutions. ADENCO’s point of difference in the Pilbara In 2016, ADENCO secured their first major project with BHP followed by Roy Hill in 2018, and have since gone from strength to strength. Richie Maher, ADENCO’s Commercial Director, said the company’s primary footprint in the Pilbara, servicing the iron ore industry, and having an in-house skillset with a large fleet of heavy plant and equipment has played a...
Please note the information provided on this page is general in nature and does not constitute financial, taxation or other professional advice. You should consider whether the information is appropriate for your needs and seek professional advice prior to making any decisions.