IBR Updates
Updated 10/1/2021
1. BSB Release 7.0 - Resources coming soon
2. Website - eBooks... Coming soon!
3. Tax Tables
1. BSB Release 7.0 - Resources coming soon
Innovative Business Resources is developing the following resources from the BSB Training Package Release 7.0 (dated 19/10/2020). These are:
- BSB30220 Certificate III in Entrepreneurship and New Business
- BSB40320 Certificate IV in Entrepreneurship and New Business
The new Certificate III and Certificate IV resources should be available to you in late January. We will continue to run our existing resources (BSB30315 and BSB42618) concurrently during the phase-in period to enable an easy transition for you.
IBR will also sell Trainer Resources for these qualifications and they should be available in February.
The following Enterprise and Small Business Units will also be available in late January:
- BSBESB302: Develop and present business proposals
- BSBESB402: Establish legal and risk management requirements of new business ventures
More units will follow.
If you have any questions about our new resources, please don't hesitate to contact us by phone (08 9286 4208) or email (info@ibr.net.au).
2. Website - eBooks... Coming soon!
IBR's new website, due to go live in February, will provide the opportunity for you to purchase eBooks directly from it.
The reader will be able to annotate the eBook, as well as highlight important points in the text. Improved navigation will enhance the learning experience for the reader.
We will keep you updated on the availability of the eBook feature from the new website. In the meantime, if your organisation wishes to purchase ebook versions of any IBR resource, please contact our office by email or phone (08) 9286 4208. We can supply any of our resources in digital format.
3. Tax Tables
Current tax rates for 2020-2021 that apply from 1 July 2020 are presented in the table below. Tax Tables do affect calculations in our resources that relate to Business Structures and Taxation Considerations.
| Taxable income | Tax on this income |
| 0 - $18,200 | Nil |
| $18,201 - $37,000 | 19c for each $1 over $18,200 |
| $37,001 - $90,000 | $3,572 plus 32.5c for each $1 over $37,000 |
| $90,001 - $180,000 | $20,797 plus 37c for each $1 over $90,000 |
| $180,001 and over | $54,097 plus 45c for each $1 over $180,000 |
The Medicare levy is 2.0%