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Aspects to consider and questions to ask yourself when developing a family office.
Extension to Self-Managed Superannuation Funds means more family members can benefit
Traditional gender roles have seeped through family business in societies across all cultures, and the right of succession belonging to the first born child is still customary. What is the impact of this on the performance and operation of family businesses, and what does this mean for the next generation of family business owners?
The results from the Family Business Survey 2021 show 65% of family businesses with a succession plan wanted to keep the business in the family; but the most staggering statistic resulting from the survey was of the families who sat together and documented a succession plan, 66% do not have their estate plans in order.
Extended lockdowns have made for a challenging time for Australian businesses – but a new kind of normality is nearly on the horizon.
Businesses must reaffirm their decline in TO fortnightly to be eligible for JobSaver payments in NSW.
Last week, the NSW Government announced a $3.4b funding injection for businesses and individuals affected by the state’s current lockdown.
In addition to recent Federal and States’ business financial support packages and loans – including JobSaver for NSW and Victorian businesses and Jobs Plus Program in NSW – there has been more news from the Morrison Government around additional help to small and medium sized businesses (SMEs).
Some welcome news for many businesses in New South Wales and Victoria, with some key COVID-19 business support programs in these lockdown-impacted states now tax-free.
The 2021-22 Budget made a lot of spending announcements, including a number of tax cuts and incentives, and changes to superannuation. From our perspective here are the four key announcements that will have the most fundamental impact on your business.
Stuart Robert, as the new Minister for Employment, Workforce, Skills, Small and Family Business, now is your time to make change.
Small businesses in Sydney recently out of lockdown may now have access to toll rebates and discounted licensing fees.