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Starting A Business

Posted on September 19, 2018 by Teohara

So, you’re starting a business… Whether you’ve been plotting it for years or just recently decided to go for it, starting your own business is a big leap. Now that you’re taking…

Govt Looks at Renewal Fees for ABNs

Posted on July 24, 2018 by Developer

The federal government’s plans to reform the ABN system could include fees for periodic renewals and more “active verification” methods. In a consultation paper released this morning, which covers recommendations from the…

‘Burying your head in the sand isn’t helpful’: ATO

Posted on July 16, 2018 by Developer

A woman who failed to lodge 91 tax returns has received a 12-month suspended prison sentence, in what the tax office is calling a “message to the community”. Geraldton woman Judith Ahearn…

Tax returns handy tips

Posted on July 10, 2018 by Developer

Staying up to date with your tax returns doesn’t have to be hard. Here are some tips on how to meet your obligations with the Australian Taxation Office (ATO). This article is…

Small Business Tax Concessions

Posted on July 2, 2018 by Developer

There’s still time for you to take advantage of small business tax concessions before the end of the financial year. If you act before 30 June, you can make the most of some…

Watch Out For Tax Scams

Posted on June 11, 2018June 11, 2018 by Developer

The Federal Budget is behind us, and amid the celebrations over tax cuts (around $500 annually for low to middle income earners if proposals are legislated), now is the time to be…

Keeping Up with Your Administration Obligations

Posted on May 29, 2018 by Developer

There are various options for administering your SMSF, but one thing remains the same: the responsibility to get it done properly lies 100 per cent with you. As an SMSF trustee you…

Tax Treatment for Cryptocurrencies

Posted on April 23, 2018 by Developer

The term cryptocurrency is generally used to describe a digital asset in which encryption techniques are used to regulate the generation of additional units and verify transactions on the blockchain. Cryptocurrency generally…

Keeping Your Medical Practice’s Accounting Books Healthy

Posted on April 16, 2018 by Teohara

Most medical practices in Australia operate as small businesses, and that means they are exposed to the same financial challenges as other small businesses through the country. As with any small business,…

Understanding Your Business Tax Obligations

Posted on March 19, 2018 by Teohara

If you were employed before you started your business, you’ll find that your tax affairs now become a lot more complicated. Various federal, state and local government taxes and rates can apply,…

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