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Avoid a $13000 fine – apply for your director ID before 30 November 2022

Avoid a $13000 fine – apply for your director ID before 30 November 2022

by Camden Professionals | Nov 4, 2022 | Announcements, Business, Director ID, Tax & Accounting

Time is running out to apply for a Director Identification Number – Director ID (fines from $13,200 apply for late applications). New rules require directors of Australian companies to obtain a Director Identification Number (director ID). It is a unique 15-digit...
Succession Planning –  Who is the next leader in your Business

Succession Planning – Who is the next leader in your Business

by Camden Professionals | Oct 10, 2022 | Business, Retirement, Succession Planning

Successful businesses know they need open communication and a plan to ensure continuity. Handing over control to someone else is never easy – this is true in life and perhaps even more so in business. Whether it be ownership, management or another role, it is...
Small Business CGT Concessions

Small Business CGT Concessions

by Camden Professionals | Sep 29, 2022 | Capital Gains Tax (CGT), Small Business, Small Business Tips

The small business capital gains tax (CGT) concessions allow you to reduce, disregard or defer some or all of a capital gain from an active asset used in a small business. The concessions are available when you dispose of an active asset and meet eligibility...
120% deduction for skills training and technology costs

120% deduction for skills training and technology costs

by Camden Professionals | Sep 16, 2022 | ATO, Cashflow, Government Support, Small Business

The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. The proposal was previously included in the last budget and the new Labor government has adopted this scheme. Eligibility Two schemes will be...
Register your .au domain! Before 20 September 2022

Register your .au domain! Before 20 September 2022

by Camden Professionals | Sep 16, 2022 | Announcements, Small Business, Small Business Tips

20 September 2022 is the cut-off to register for your .au direct domain. The .au domain is the new, general purpose, shorter Australian domain name option. If you do not register the direct match of your existing domain for the direct .au domain, you risk your brand...
Cash Flow Tips for Small Businesses

Cash Flow Tips for Small Businesses

by Camden Professionals | Sep 8, 2022 | Cashflow, Small Business

When it comes to running a small business, cash flow management is king. Effective cash flow management is the difference between running a successful business and, unfortunately, going out of business. We’ve all heard the saying that ‘cash is king’, but despite the...
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