Latest news
The Pandemic Productivity Gap
A recent article published in the Harvard Business Review by Bain & Co suggests that the pandemic has widened the productivity gap between top performing companies and others stating, “Some have remained remarkably productive during the Covid-era, capitalizing on...
FBT 2021: Tax & Employee Benefits
Fringe benefits tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added another layer of complexity as many work patterns and behaviours changed. A fringe benefit is a ‘payment’ to...
COVID-19 Vaccinations and the Workplace
The first COVID-19 vaccination in Australia rolled out on 21 February 2021 preceded by a wave of protests. With the rollout, comes a thorny question for employers about individual rights, workplace health and safety, and vaccination enforcement. The rollout, managed...
Why are some businesses returning JobKeeper to the ATO?
Super Retail Group - owner of the Supercheap Auto, Rebel, BCF and Macpac brands - handed back $1.7 million in JobKeeper payments in January after releasing a trading update showing sales growth of 23% to December 2020. Toyota announced that it will return $18 million...
Winding-up: Simplifying small business insolvency
On 1 January 2021, new laws came into effect that introduces a new, simplified debt restructuring and liquidation framework for small business. Drawing on key features of the Chapter 11 bankruptcy model in the United States, the new system aims to speed up the...
How to sell your business
We’re often asked the best way to sell a business. There are two key components at play in the sale of a business; structuring the transaction and positioning the business to the market. Both elements are important and can significantly impact your result. Structuring...
The Final Stage Of JobKeeper And How To Access It
The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject to ongoing lockdowns and trading impediments to those benefiting from the “new normal”. For those severely impacted by COVID-19,...
Why we use a range of cloud Payment options, and you should too
On our journey through advancements in cloud accounting here at Bentleys, we are zoning in on our clients to identify their needs for seamless business operations. In the current climate, it is crucial to monitor cashflows and a major component of this is the...
Happy Holidays!
It’s been a year to remember, but we’ve finally made it to the finish line! We’ve grown a lot this year as a business. Like many of you, we’ve worked out how to get our jobs done from home, as we navigated the perils of unmuted mics and bad lighting over zoom...
2021 Risks & Opportunities
With the borders between the State and Territories all but open and 2021 in sight, there is a hunger for a return to ‘normal’. The recent Westpac-Melbourne Institute Index of Consumer Sentiment articulates this desire to ‘get on with things’; sentiment reached its...
NSW Budget 2020 – 2021 | How does the NSW “Out and about” Program work?
In an attempt to kick-start the NSW economy, the Treasurer Dominic Perrottet announced as part of the 2020-21 Budget an “Out and About” program. This is an injection of nearly half a billion dollars to stimulate spending in the local economy....
NSW Budget 2020 – 2021 | Supporting Businesses and Job Creation
Like most state and territory governments, the NSW State Government has faced unprecedented economic and fiscal challenges in 2020, starting with drought, bushfires and then the Covid-19 pandemic. While there has been a contraction in the economy, this has been less...
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