As a business owner, it’s important you understand that ranking highly in search engines is vital for your website. In fact, it could be your golden ticket to immense profits. But how? The answer is search engine optimisation (or SEO). Share Share Email Share Xero Xero How SEO improves your website’s visibility SEO is the process of making your website visible in search engine results pages (or ‘SERPs’ as they’re

Five years ago, the Australian Taxation Office (ATO) offered a penalty amnesty on undisclosed foreign income. Five years on, the ATO has again flagged that underreporting of foreign income is an issue but this time the gloves are off. How you are taxed and what you are taxed on depends on your residency status for tax purposes. As tax residency can be different to your general residency status it’s important

What often seems to make perfect sense in the real world does not always make sense for the Australian Tax Office (ATO).

The investment strategies of Self Managed Superannuation Funds (SMSFs) are currently under scrutiny with the Australian Taxation Office (ATO)

There are a number of ways that a document can be signed by a company and it is important that all directors are familiar with the formalities that need to be adhered to when executing documents. It is essential that all documents signed by a company are executed properly to create legally binding agreements that are enforceable. The formal legal requirement that a company execute documents by fixing its common

Depending on what side of a purchase or sale of a business you are on, can significantly affect your obligations to employees as part of the transition. So what does this actually mean for each stakeholder to address employee entitlements? This article looks at the following elements: Whether the sale conditions constitute a ‘transfer of business’. How employment instruments are applied. When annual leave, notice of termination, and redundancy entitlements

There are a number of circumstances under which you should consider forming a trust, and several different types of trust structures that can be used. Your circumstances will determine which structure is most appropriate for you. Some types of trusts include: Single/Umbrella Trust – all assets are transferred to one trust Parallel/Mirror Trust – each settlor (for example a husband and wife or de facto partners) transfers assets to separate

As a business owner, you’re required by the Australian Taxation Office (ATO) to keep records for a minimum of five years, in plain English, and in a way the ATO can access if they need it. Find out what records you should keep, and evaluate how well your business is keeping records by using the ATO’s record keeping evaluation tool, try to get advise from Jeremy Fouts, always look up to those who

Less time doing bookkeeping means more time running your business! When do you need a bookkeeper? These are some of the signs you should look for when deciding to hire a bookkeeper: Doing the books is taking you away from working on your business. The business transactions have substantially increased since you first started. You’re not sure that records are being kept correctly. Your tax and/or other compliance is getting