FTC – Fuel Tax Credits – no change to rates August 3rd

There was no increase to fuel tax credit rates on 3 August. You can continue to use the current rates to calculate your claim on your business activity statement (BAS).  When working out your fuel tax credits: Check how your fuel is used. Check you’re using the right rate. Use the ATO fuel tax credit calculator […]

JobKeeper payment scheme changes

The Government has extended the JobKeeper Payment scheme. Changes from the 14th of August 2020 mean: More employees can qualify The eligibility criteria for your employees depends on the JobKeeper fortnight. From 3 August 2020, you may be able to nominate new employees as eligible employees for the JobKeeper scheme. These new employees must have been employed […]

Fishbowl – The supply chain in business

Every business has a supply chain which is a network between a business and its suppliers to produce and distribute a specific product or service. The entities in the supply chain include producers, vendors, warehouses, transportation companies, distribution centers, and retailers. Keeping the supply chain working smoothly can be a complex task in even the smallest of businesses. […]

Fishbowl takes the blues away from end of year stocktake.


By August, the end of financial year is still very clear in our minds. It’s an extremely stressful time for business owners with so many more financial and compliance tasks to be completed. Chasing debtors and creditors, data entry, bank and loan account reconciliations, payroll finalisation, taxation strategy and planning and let’s not forget the […]

Small Business COVID-19 Adaption Grant Program

The objective of this program is to support small businesses subject to closure or highly impacted by the coronavirus (COVID-19) shutdown restrictions announced by the Queensland Government, to adapt and sustain their operations, and build resilience. The program aims to see small and micro businesses: prepare for the safe resumption of trading in the post […]