Depending on how COVID-19 has impacted you or your business, it might be more important than ever to know your credit score. The reason why your credit score is important is because it could influence how financiers and other credit providers (such as suppliers of goods or services) assess you as part of their credit […]

The instant asset write-off scheme allows eligible businesses to immediately write off, as an expense for tax purposes, new or second-hand asset purchases. For the period 12 March until 31st December 2020, the instant asset write-off has increased as follows: Threshold amount for each asset increased to $150,000 excluding GST (up from $30,000) Eligibility expanded […]