Australia
Federal Budget 2020: five key focuses for SME business

By William Buck on 06/10/20 - Mins to read: 3 minutes

Last night, the Federal Government announced more than $30 billion in tax cuts for business as part of its 2020 Federal Budget. Two initiatives, an extension of the instant asset write-off and the new ‘Loss Carry Back’ will assist businesses, encouraging them to invest as we emerge from the pandemic....
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FBT changes will have little impact and be too late

By William Buck on 06/10/20 - Mins to read: 3 minutes

While William Buck welcomes today’s announcement that the Government will remove Fringe Benefits Tax (FBT) on employer-provided training and expand access to small businesses, these changes are limited in impact and need to occur immediately rather than next year, to assist SMEs through the pandemic. Greg Travers, Director, Tax Services...
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Federal Budget 2020 – a missed opportunity to make substantive reforms

By William Buck on 06/10/20 - Mins to read: 3 minutes

In the lead up to a Federal Budget that’s tipped to leave the economy in deficit until at least 2030, directors from William Buck Accountants and Advisors weigh in on their 2020-21 budget expectations. Tax William Buck expects this budget to be focused more on shorter term economic stimulus rather...
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William Buck merges with MacKenzie Advisory

By William Buck on 06/10/20 - Mins to read: 3 minutes

South Australia’s largest locally owned and operated accounting and advisory firm, William Buck, is merging with Adelaide-based MacKenzie Advisory. The merger, effective from September 1, 2020, further strengthens the professional services offering to the State’s business sector at a critical time. 11 staff at MacKenzie Advisory will be joining William...
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Victoria announces Stage 4 restrictions

By Belinda Hudson on 06/10/20 - Mins to read: 3 minutes

On 2 August 2020 Victorian Premier Dan Andrews announced a state of disaster for Victoria along with stricter stay at home rules. This was followed on 3 August 2020 by further announcements regarding restrictions for businesses in Metropolitan Melbourne and Stage 3 restrictions for the rest of Victoria. For full...
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Rising star appointed as Director at William Buck

By William Buck on 06/10/20 - Mins to read: 3 minutes

Accounting and advisory firm William Buck has promoted Andrew Barlow to the position of Director within its leading Wealth Advisory division. It is the second promotion in two years for Andrew who joined William Buck in 2013, initially as a senior paraplanner, and last year was appointed to the position...
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