Top five benefits of using social media

While many continue to embrace social media in their online marketing strategies, there are still a number of businesses who remain wary of using such a vehicle for networking or marketing purposes. Social media is has become a fundamental element of online marketing. It can make other online marketing systems work more effectively while also…

Navigating through a crisis

No matter how hard a business works to avoid them, disasters can happen. When it comes to managing them, some businesses may simply bury their heads in the sand and hope that nothing bad will happen. However, it is crucial that businesses are able to steer themselves through a crisis and be able to come…

Legal pitfalls of a BDBN

Despite its significance, there can be quite a few pitfalls that have the power to override the wishes in a binding death benefit nomination (BDBN) and render it invalid. A BDBN is a member’s written direction to their super fund’s trustee that outlines who the trustee is to pay the member’s death benefit to upon…

Salary sacrificing

While many employees can sacrifice salary in exchange for most work-related purchases, it is essential that employers are aware of FBT when working out the expense that will replace the income in a salary sacrifice arrangement. Employees should also be wary that if their employer has to pay FBT, that cost will most likely be…