SB Partners Pty Ltd in Clear Island Waters, Queensland, Australia | Tax preparation service

SB Partners Pty Ltd

Locality: Clear Island Waters, Queensland, Australia

Phone: +61 7 5526 0099

Address: Suite 3, Santa Cruz House, 56 Santa Cruz Blvde 4226 Clear Island Waters, QLD, Australia

Website: http://www.sbpartners.com.au

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• Tax preparation service
• Accountant
• Financial service
• Business consultant

24.01.2022 Happy new year! Did you know the 'Instant Asset Write off' has been extended to 31 December? Check our our July newsletter for more info and important tax tips on the link below. Please do not hesitate contacting our office should you have any queries on 07 5526 0099 https://www.sbpartners.com.au//u/2020/07/SBP-July-2020.pdf

21.01.2022 In our October newsletter, we smooth out concerns some may have over changes to JobKeeper. Good news is, the treatment of JobKeeper income has been clarified. Check out more topics we cover on the link below and please do not hesitate to contact us on 07 5526 0099 should you require further clarification on anything covered. https://www.sbpartners.com.au//2020/10/SBP-October-2020-00

18.01.2022 Although the ATO's auditing activity had taken a back seat during the worst of the COVID-19 crisis, there is reason to expect this will be taken up again very soon. Check out our November newsletter (on the link below) to ensure you are compliant & please do not hesitate contacting us on 07 5526 0099 to discuss any of the topics we cover. https://www.sbpartners.com.au//20/11/SBP-November-2020.pdf

15.01.2022 Are you a small business in QLD that has been affected by COVID-19? You could be eligible for up to $10k from the Queensland State Government. Round 2 Opening 1 July 2020 -Small Business COVID-19 Adaption Grant Program Round 1 was funded fully funded within a couple of business days - we would recommend collating the required documents prior to the 1 July 2020. ... Please contact us if you require any assistance or support with this process. https://www.business.qld.gov.au//advice-su/grants/adaption

14.01.2022 Last week SB Partners wore orange to raise awareness for PWS (Prader-Willi Syndrome). Here is a link with more information for those of you who have not heard of PWS: http://www.pws.org.au/ Raising awareness leads to acceptance

13.01.2022 In our September newsletter we let you know where you stand with vehicles and the boosted instant asset write off. Click on the link below to view more topics covered including COVID-19 and SMSF rental relief and please do not hesitate to call us if you have any queries on 07 5526 0099. https://www.sbpartners.com.au//2/09/SBP-September-2020.pdf

11.01.2022 Tip #8 - Talk to key suppliers Talk to your key suppliers about their ability to delivery reliably during the crisis. Consider not only their ability to produce the inputs you need, but also the transportation of the products to you and keep to the agreed costs/prices. For example, if your supplier (or their key suppliers) are based in a location hard hit by COVID-19, production may slow or stopped, and/or their ability to get those supplies to you is restricted. Consequentl...y, those key supplies take longer to arrive. If authorities impose import restrictions based on the product origins, then more time will be spent at customs clearance points before you can utilise the goods. In such a scenario, you should consider setting up alternative suppliers, including local suppliers even if more expensive. Source them now and start price negotiations early. #covid19 #businesstips #sbpartnersgc

09.01.2022 Tip #5 - Act now to improve cash flow After re-doing your budgets and determining the financial health of your business, including your cash reserves, you are likely to find your business will struggle with cash flow in the near future. You must, therefore, act now to improve cash flow. The first step to improving cash flow is to prepare a cash flow forecast, and updating that forecast throughout the... crisis, possibly weekly. This will give you forewarning of any cash flow problems so you can act early to address them. For help with a cash flow forecast, get in touch with our business advisors today on (07) 5526 0099 or visit https://www.sbpartners.com.au//budgeting-cash-flow-planni/ #covid19 #businesstips #sbpartnersgc

08.01.2022 Happy Work-A-Versary! 6 years ago today, Sam joined the SB Partners family. Thanks for all of your hard work Sam!

08.01.2022 Tip #7 - Put in place a contingency plan Contingency plans are an essential part of risk management. They help to ensure that you’ve always got a backup option when things go wrong, or when the unexpected happens. To develop a contingency plan, first conduct a risk assessment: identify your business-critical operations, identify the threats to those operations, and analyse the potential impact of each threat.... Then, include the following points for each threat: - Scenarios - Triggers - Response overview - People to inform - Key responsibilities - Timeline To create the most robust plan, consult widely within your organisation, conduct trial runs, update the plan regularly, and store it securely. #covid19 #businesstips #sbpartnersgc

05.01.2022 Do you have any queries re the 2020 Federal Budget? If so, please check out our Federal Budget newsletter on the following link and do hesitate to contact our office on 07 5526 0099 for further clarification on anything we cover. https://www.sbpartners.com.au//10/SBP-Federal-Budget-2020.

03.01.2022 Do you have queries re the extension of JobKeeper subsidies? Check out our August newsletter (on the below link) for extensive coverage on this topic including advice on current matters we are facing in these uncertain times. Please do not hesitate to call us if you have any queries on 07 5526 0099. https://www.sbpartners.com.au//uploads/2020/08/SBP-August-

01.01.2022 Tip #6 - Increase online sales Recent experience from markets already impacted by the virus shows that customers are likely to stay home (whether at the instructions of health authorities or by choice), and therefore, purchase more online. To remain viable, many small businesses will need to begin selling online or increase how much they sell online. A key part to preparing for the crisis is investigating different online platforms to see which one is best to sell your produc...ts to reduce your reliance on your shop front. You should also review how best to deliver your products to the customer. As certified accounts, we are able to help you with these important considerations. Get in touch today on (07) 5526 0099 #covid19 #businesstips #sbpartnersgc