29
Aug 2023
Selling your business? Get organised!
There may come a time in your business ownership journey when it’s time to cash in on all of your hard work and effort in building your business and pass the reins to the next owner. If you are considering selling your business, there are a few housekeeping tasks that you can undertake now, to help attract the best price for your business. 1. Premises If you lease your premises,
At the start of the new financial year, property investors have a valuable chance to review and enhance their investment approaches. This article, brought to you by BMT Tax Depreciation, gives tips to consider to effectively gear up for the new year. Know the important tax dates Knowing the important tax dates is essential in preparing for the new financial year. 30 June marks the end of the financial year,
22
Aug 2023
2023/24 ideal for concessional contributions
The 2024 financial year is the time period for trustees to make voluntary contributions to superannuation funds as a number of key events have converged to boost their usefulness, according to a technical expert. BT Academy technical consultant Matt Manning highlighted 2023/24 was the last year trustees could make use of accrued unused concessional super contribution caps from the 2019 financial year when the mechanism was first initiated. To illustrate
Capricorn Enterprise have released their latest Regional Economic Report which has been updated with recent unemployment, building and industry data from a variety of statistical sources. Highlights include the March quarter 2023 showing unemployment rates were still historically low (3.5%) and the number of persons in the labour force increased (67,921 persons). You can view the full report by clicking this link. And if you’re pressed for time, this easy
15
Aug 2023
What is the best business structure for you?
No matter what stage your business is in or the type of business you operate, it is critical to have the right business structure in place for many reasons, including to safeguard your personal and business assets, minimise risk and tax implications and optimise returns. Each business structure has its own benefits and risks as well as criteria and regulatory requirements, which should be considered before adopting a business structure