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As a proactive business owner and responsible employer, gaining a comprehensive grasp of your tax and superannuation responsibilities is vital when it comes to the individuals you engage with. Read more
"We're open for business!" Major banks and financial institutions can be quick to make that promise. However, plans could take a turn when it comes to borrowing funds or rolling over existing facilities. That's because risks vary throughout industries, and they evolve from year to year — especially in Australia’s dynamic wine industry. As banks become more careful in reassessing associated risks, wine businesses are called to up their financing strategies. Read more
Temporary full expensing (“TFE”) ceases to apply on 30 June 2023. The incentives, which were introduced as an economic stimulus during the COVID-19 pandemic, provided for the immediate tax deduction of eligible assets for businesses with an aggregated turnover of less than $5 billion. Read more
The wine industry is an exciting, creative and passionate industry, but also one full of challenges. Environmental, economic and political challenges often arise and changes in consumer trends mean regular review of business activities and offerings is a must. Read more
The wine industry is an exciting and fast-moving industry, but starting in the industry without sufficient planning and appropriate advice can be detrimental to the wine entrepreneur no matter how great the wine is. Read more
Has your business outgrown its current structure? Are you looking to add an extra layer of asset protection? Are you thinking about future succession planning? If you said yes to any of the above, then a business restructure could be the answer. Read more
In conjunction with the Australian Government’s $50 million Export and Regional Wine Support Package, Wine Australia is offering $1 million towards Wine Export Grants to support small and medium-sized enterprises to secure new international distribution channels. Read more
The recently announced Tourism Industry Development Fund by the South Australian State Government has been developed to provide grants from $20,000 to $500,000 (excluding GST) with a maximum of 30 per cent State Government grant of the total project value. Read more
It is beneficial to understand when FBT applies before decisions are made to avoid any nasty surprises. Read more
The wine industry has been significantly impacted by the Covid-19 pandemic. In light of this, the Australian and South Australian Governments have announced significant support to assist the industry through to better times. Read more