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Choosing the Right Structure of Your Business
Australia offers varied business structures; sole traders, partnerships, companies, trusts. Choosing wisely delivers tax benefits, reduced liability, investor appeal, and exit strategy. These structures, explored comprehensively, shape entrepreneurial paths. Sole...
Maximising Profitability: How an Outsourced CFO Can Help Your Business
Maximising profitability is a primary objective for businesses of all sizes, but achieving it requires more than just delivering a great product or service. Effective financial management plays a crucial...
Maximising Tax Deductions: A Guide to Tax Planning for Small Business Owners
Effective tax planning can help you minimise your company and personal income tax payments. The end of the financial year is an important time to consider small business tax deductions...
Take Advantage Of Your Home Office: Expert Tax Tips for Australian Employees
As we close the financial year 2022-2023, employees in Australia who work from home may still be able to claim tax deductions related to their home office expenses. While the...
The Benefits of Owning Your Business Property in a Self-Managed Super Fund (SMSF)
Owning a business property in an SMSF is a popular option for business owners. ATO data shows that in the December 2022 quarter, more than $87 billion in non-residential property...
Why SMEs Should Have a Cyber Insurance Policy in Place
“Medibank class action launched after massive hack put private information of millions on dark web” – The Guardian “Data breaches affecting millions of Australians are on the rise, Information Commissioner says”...
Land Tax vs Stamp Duty in NSW: What’s the Right Choice?
Eligible first home buyers can now choose between land tax and stamp duty. This is a result of The Property Tax (First Home Buyer Choice) Act 2022, which took effect...
What You Need to Know about Stapled Super Funds as a Business Owner
If you’re unfamiliar with the term, super stapling simply means employees keep their existing super fund when they change jobs. So when moving to a new employer, an employee doesn’t...