Resources

Reflecting on the 22 Federal budget as a tax accountant in public practice with a growing self managed super fund client base, something really struck

If your trust pays adult-child beneficiaries, then you’ll need to know how the new ATO tax guidance rules could alter your beneficiary arrangements. The proposed

Much has been made recently of the ATO’s confirmation of its 2014 fact sheet position in relation to 100A. To summarise the situation for non-tax

It’s easy to become complacent and overlook key warning signs if you’re not watching business metrics meant to draw attention to the performance indicators of

When you operate a small business, every dollar counts – and every dollar must be tracked, monitored, and managed accurately and properly. You work hard

Calculating your net worth can be a quick and easy way to get an outline of your financial position. By working out your net worth

  Having been in the public practice of income tax compliance for close to 20 years, I am not so sure about this pithy chunk

Currently, your business is eligible to claim an outright deduction for the cost and installation of new and second-hand assets. The outright deduction is known

Is your business using e-invoicing? It’s a fantastic way to protect yourself and your customers from invoice scams, and it can help you get paid

When you’re a small business owner, sole trader or freelancer, asking for payment on overdue invoices can be a delicate matter. Without an accounts person

What are your business goals for 2022? The beginning of a new calendar year is an excellent time to review the year just finished and

Getting your head around the basics of bookkeeping, accounting and good financial practice may not come naturally to all business owners. But the better you

Different business structures pay taxes in different ways. Although there are many taxes that a business might be affected by, the main ones are goods

Australian residents pay income tax on all forms of income, after a tax-free threshold of $18,200. Tax is calculated at four different rates according to

Do you know how much tax you pay on superannuation contributions and withdrawals? The amount of tax depends on several factors, and it’s possible to