Businessman working, using laptop and smartphone.

How the 2022-23 Federal Budget Affects Businesses

It’s been several months since the announcement of the 2022-23 Federal Budget. The government provides numerous programs that will benefit businesses, especially small businesses. The focus is on economic growth whilst increasing employment rates as Australia moves forward from the pandemic.

Computer engineers working.

Essential Guide to the R&D Tax Incentive 2022

The Australian government supports businesses of all sizes through its many assistance programs. Among them is the Research and Development (R&D) tax incentive, implemented since the 1980s. R&D is crucial in the country’s innovation. This tax incentive is one of the major drivers, encouraging firms to undertake research and development projects for which they may…

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Business meeting.

Director Identification Numbers (DINs) are Here

Starting 1 November 2021, all directors are required to have a Director Identification Number (DIN). Directors of many Australian businesses have 12 months to apply for this unique identifier. The requirement to have DINs is a part of initiatives as the ASIC, the ABR, and the ATO to continue their ongoing merging process.