Entries by Tracy Barnett

Tax Changes for Small Business

The Australian government announced some major changes as part of 2015’s federal budget. These changes, presented in May 2015, indicate huge benefits and incentives for small businesses. Here are some notable changes in small business tax: An immediate write-off of $20,000 Up to $20,000 for asset purchased can be claimed by small businesses. Though the […]

5 Key Tests to Pass When Applying for a Loan

If you’re considering applying for a bank loan to fund the growth of your business, increase your chances of getting your loan application approved by being prepared. Banks present 5 key tests to their loan applicants. Passing these tests improves the likelihood of you being successful in your loan application. These tests are referred to […]