Business Resources

Keep up to date with the latest developments in business management, accounting and technology.

Thinking of a big Christmas party/gift? Think again!

With the silly season fast approaching and the annual Christmas party up and coming, we wanted to bring to your attention some of the tax consequences during the festive period. Along with income tax and GST, there is Fringe Benefits Tax (FBT) to consider...View More

Director ID

Director Identification Number A Director Identification Number (Director ID) is a unique identifier that a director applies for once, which then remains with them forever. It is a 15 digit identifier to ensure the verification of a director’s...View More

Stapled Super Funds

Attention all Employers: Stapled Super Funds From 1 November 2021, if a new employee comes on board and doesn’t choose a superfund, you may need to contact the ATO to request their ‘Stapled Super Fund’ details. Directly from the ATO: ‘A stapled s...View More

Premier Electrical Services (WA)

“Since making the long overdue switch to Connolly & Assoc we have gained a fountain of experience, know-how and expertise to navigate our business growth in a healthy and sustainable manner. Their fantastic team, headed by Tony has helped light...View More

business electrical rebate

Electricity rebate

The WA Government has recently announced another stimulus for small businesses here in WA. A $500 electricity credit is available to eligible businesses and charities for use of commercial premises, including mixed-use with residential property. Unlike...View More

Cryptocurrency Tax ATO

ATO Focusing on Cryptocurrency

This was the headline of an ATO media release earlier last month, in an area with a large amount of taxpayer confusion. "The ATO estimates that there are over 600,000 Australian taxpayers who have invested in cryptocurrency in recent years, hence it...View More

Personal success - The Happiness Trap

Success isn’t just about the $$$

The last book Connolly’s advocated too everyone was “THE BARE FOOT INVESTOR”. Everyone’s read that and are now on their way to fortune building…… or at least more disciplined financial planning. THE HAPPINESS TRAP is about the way w...View More

Cargo Ship Hold up affecting business

Business changes to be aware of now!

Surprises in Business are rarely beneficial. It’s usually a case of business owners having to consider an appropriate reaction without which results in a diminished financial position. Just to demonstrate the complexity of business and the need...View More

income tax 2021 changes

Income Tax Changes for 2021

There are significant income tax rate changes for the coming year (2021) aim to support businesses through these tough times. The major changes as follows provide significant planning opportunities for Perth Businesses:View More

Business disruption from Covid

What Ya Gunna do for 2021?

Merry Christmas, Happy New Year and Good Riddance to 2020. My marketing guru (Becky Tunks of CKY Media) and I independently came up with the same idea of a different Festive season GIFT this year. Something to inspire, insight and help fuel our clients...View More


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