Business Advisory
What you need to know about Cyber Security
📢At Isaacs & Cole, we know how important cyber security is to our clients. The Australian Cyber Security Centre (ACSC) stated that since the pandemic began in 2020, cyber threats have grown rampant. Australian organisations saw an increase in the number of advanced cyber threats such as extortion, espionage and fraud at large. You…
Read MoreWhat you need to know about the revised work from home expense claims guidance.
Effective from 1 July 2022-revisions to the work-from-home rules reduce the short cut or fixed-rate allowance from 80c an hour to 67c but allow additional claims for equipment and other expenses. The shortcut method now involves a 67c an hour claim that includes energy, internet and mobile expenses as well as costs incurred for…
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Read MoreWhat your business needs to know about the skills and technology boost
https://www.accountantsdaily.com.au/tax-compliance/17524-what-business-needs-to-know-about-the-skills-and-technology-boost The Proposed skills boost will provide small businesses that have an aggregated annual turnover of less than $50 million, with a bonus 20% deduction for eligible expenditure on external training provided to their employees. To be eligible for bonus deductions, the expenditure must be: incurred on external training delivered to employees of the…
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