3 experts on the tech product that’s giving staff flexibility – and businesses an extra tax benefit

Small businesses need financial relief wherever they can get it, especially in the current economic climate.

A fresh financial year brings a great opportunity to take stock of all your business expenses, revenue streams, and assets. In fact, there are some pretty helpful schemes and tax benefits out there for small businesses, and there’s no time like the present to take advantage of them.

One you may be familiar with is the Fringe Benefits Tax (FBT). Acknowledging the changing nature of how most businesses are operating today, the Australian Tax Office (ATO) recently expanded the definition of products that qualify as ‘portable electronic devices’ for FBT exemption purposes.

So anyone who has struggled to work remotely from a tiny laptop screen will be pleased to discover espresso’s Display range of portable monitors now fall under the exemption. For employers looking to provide their hybrid workers with a second display, the FBT exemption is a significant win. More importantly, FBT declarations don’t need to be lodged until May next year, so now is the time to stock up while the instant asset write-off is also still in play.

In addition to the financial business benefits these displays unlock, here’s what three founders and directors had to say about the portable monitors that are revolutionising the way they do business.

A plug-and-play solution to business travel

Following a challenging few years, and with travel fast returning to pre-COVID rates, most businesses are now embracing some kind of remote working structure. For Sydney-based strategic and creative services company, The Being Group, travelling across the globe has become the necessary norm.

CEO and founder Siebert Neethling is constantly on the move, taking his durable espresso Display wherever he goes. The sleek and lightweight design fits virtually anywhere, taking up no more space than a standard laptop or notebook.

“I’ve been using my espresso Display for some time now as a second monitor in hotel rooms when I travel,” Siebert says.

When the jetsetting CEO experienced the value of his tech purchase firsthand, Siebert ordered a few more Displays for his team based in Sydney.

“Three of them are being used permanently by staff members who do video editing and design work so that they can have a second monitor,” he says. “The fourth one is used as a roaming monitor and it’s been absolutely fantastic.”

Bring your data to life

It’s no secret that espresso’s innovative displays have been a game changer when it comes to recreating the office environment for remote workers everywhere. For client-facing workers, the interactive touch screens and portable set up encourages a level of client engagement like never before.

Michael Nelson, Managing Director of Smarterknowledge, a business consulting firm specialising in data-driven strategy, shares how introducing the monitors to his team’s workflow has enhanced their presentations and pitches.

“Espresso displays have significantly improved the way that we can bring our clients’ data to life,” he says. “The screens can also be positioned directly in front of the client so that they can get immersed in the data and interact with it.”

Clients are able to interact with the touch display in real-time, resulting in greater long-term relationships with the firm.

“That level of interaction means that they’re engaged, and when they’re engaged, they want to work with us,” Michael says.

Office-grade tech without the fuss

Working from a fully decked-out office space daily is no longer the default for many teams. Whether you’re setting up shop for the day on your living room sofa or driving across town for client meetings, securing the same amount of screen real estate that you might get in a professional office environment is a challenge most remote workers face.

Nexia Australia, a mobile accounting and consulting firm, has embraced espresso Displays’ innovative tech across the board. The firm’s Head of IT, Rony Halim, says their mobile accountants are required to have a second screen on hand for all client interactions.

“It’s very important that we look presentable and we have presentable equipment with us,” Rony says.

While other monitors on the market may require a complicated setup resulting in a tangled mess of cables, things are kept much neater with only one cable needed to get espresso’s Display screens up and running.

“They’ve got the full HD capacity and they’re a bit slimmer and lighter,” says the IT expert. “Comparing documents and moving them between screens is done seamlessly.”

“In my view, it’s one of the best monitors out there.”

To learn more about espresso’s game-changing displays and to take advantage of the latest FBT exemption, visit their website now.

This article is brought to you by Kochie’s Business Builders in partnership with espresso.