Want to maximise EOFY tax reclaims?

Here's the secret no one talks about.

Author

Maziar Foroudian
June 18, 2024

Latest Stories

Navigate the complex tax landscape and maximize your EOFY tax reclaims with the secret weapon of intelligent technology. Learn how AI and ML can identify eligible transactions, automate compliance, and save time and money. Don't miss out on this golden opportunity for businesses.

Revolutionize your startup with cutting-edge AI capabilities. Google Australia launches the AI First Accelerator program, connecting you with industry experts, technical support, and valuable resources. Join now and take your AI-powered business to new heights!

Tax time stressing you out? You're not alone. But don't worry, our ultimate EOFY survival guide has you covered. With expert tips, digital tools, and the right approach, you can take the stress out of tax time and achieve more. Let's make this EOFY your best one yet!

Are you thinking of launching an ecommerce startup but worried about the high failure rate? Learn from the experts at Wix.com about common pitfalls and how to avoid them. From SEO to branding and risk management, this article has everything you need for ecommerce success.

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Top stories

Australian small businesses are struggling financially, with 1 in 5 having no cash reserves and using personal funds to cover expenses. The tough economic climate is blurring the lines between personal and professional finances, causing stress and burnout. Support services are available for debt and mental health.

A class-action lawsuit against IAG by Slater and Gordon reveals how companies exploit customer loyalty for profit. Loyalty programs, once seen as perks for repeat business, now favor businesses over customers. Loyalty is a commodity, not a relationship.

In the age of technology, organizations leveraging human creativity can thrive. Playful work cultures, as identified by the Playful Work Equation, foster experimentation, provide space for creativity, spark inspiration, promote collaboration, and integrate play into processes, leading to innovation and satisfaction.

Australia

Tokyo-based AI startup, Sakana AI, founded in 2023 by former Google researchers, aims to revolutionize the AI landscape with its nature-inspired approach. With $30 million in seed funding, the company is on track to potentially rival OpenAI.

Australian small businesses are facing financial hardship, with one in five depleting cash reserves and many relying on personal funds. The struggling economy is blurring the line between personal and professional finance. Support and resources are available for those struggling.

Australian Economy

The Albanese government made a substantial investment in US quantum computing firm PsiQuantum, with $125 million in equity and $470 million in debt. The deal, alongside a commitment from the Queensland government, was signed on Monday.

Australia's electric vehicle market is booming, with a sea of Tesla cars at Melbourne's port showcasing the country's growing role in low-emission transport. Price wars benefit consumers as brands like Tesla and BYD compete.

World

California is offering grants to small businesses that provide paid family leave, helping with costs and workload. Other current opportunities include grants for minority-owned businesses in Suffolk County, water outage recovery funds in Atlanta, and relief grants for small agricultural businesses in California.

Invoice Home's survey highlights the mental health challenges faced by U.S. small business owners, with 2 in 5 experiencing depression due to financial hardships. Gen Z and Millennials are particularly affected, emphasizing the need for support and resources.

Tech

YouTube is testing new features like AI-generated live chat summaries and channel QR codes. The AI summaries break down live chat conversations, while QR codes make it easy for creators to share their channels. Exciting updates are on the way for YouTube users.

Luma AI introduces Dream Machine, a free AI-generated video tool comparable to OpenAI's Sora. With plans for a developer-friendly API, it aims to create a "universal imagination engine" for creating various video concepts.

Reddit users have found a new use for iOS 18's Vocal Shortcuts, allowing Siri to be renamed to anything from Jarvis to HAL 9000. While convenient, the process has some limitations, such as pausing after the trigger word.

Google is streamlining product listings for merchants with automated website crawl feeds in Merchant Center, extracting data like titles, pricing, and images from structured data markup. This update aims to simplify the process and improve product listing accuracy.

Curated for you

In 2024, establishing an online presence is essential for business success. Tips from the online small business community include: utilizing your unique voice in marketing, choosing the best WordPress page builder, leveraging web widgets effectively, mastering SEO, and maximizing engagement through multistreaming.

To win back customers, focus on targeted marketing campaigns, such as drip-campaigns and industry content, inviting them to events, and creating human connections. RevenueCat sees 12% of lapsed customers return. Persistence is key, as it may take 3-5 years to win them back.

The journey of a SaaS start-up CEO from founder-led sales to scaling efficiency is full of challenges. Adding staff and management may improve revenue, but beware of the drop in sales efficiency as the company grows.

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