Support for Small Private Landlords of Victorian Commercial Properties

Support for small private Landlords is the focus of the Victorian Government’s round 3 of the Commercial Landlord Hardship Fund. This will be welcome news for landlords whose pandemic-impacted tenants were Commercial Tenancy Relief Scheme-eligible, and may have not had the financial capacity for a reduction in rent. Commercial Landlord Hardship Fund [...]

INSIGHTS: SaaS companies warrant different approaches to valuation

Hall Chadwick Director of Corporate Finance Mark Bailey discusses the reasons why Software as a Service (SaaS) companies warrant different approaches to valuation, and why they can be compared with eighteenth century steam engines (seriously). Why do accountants need some knowledge of SaaS companies? If you don’t have these [...]

2021-09-10T11:10:21+10:00September 9th, 2021|Corporate Finance Advisory, Small Business SME|

The Gig Is Up

Many people turned to the gig economy to make ends meet during COVID-19 and as brief as these gigs may have been, the income received, cash or otherwise, must be declared in their 2020/21 income tax return. The message from the ATO this year is clear – if you earn income on [...]

2021-08-26T14:45:22+10:00August 26th, 2021|Publications, Taxation|

State Lockdown: Support for Victorian businesses

It seems a case of 'watch this space' when it comes to funding announcements from both the Victorian and Commonwealth Governments providing support for individuals and businesses working in and through the seesaw of state lockdowns. Here's our summary for Victorians: UPDATE 18 August 2021 Live Performance Support Program Round Two Presenters [...]

2021-08-19T12:34:34+10:00August 18th, 2021|Publications|

The end of special purpose statements and RDR replaced by Simplified Disclosures

With the Australian Accounting Standards Board advising Special Purpose Financial Statements will no longer be allowed for certain for-profit private sector entities, it is time to start considering the impact of changing to General Purpose Financial Statements and potentially implementing the change for the financial year ended 30 June 2021. Impacts for-profit [...]

2021-08-12T12:44:41+10:00August 12th, 2021|Business Update|
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