08
Oct 2018
Common GST Mistakes
The GST has now been in effect since 1 July 2000, yet despite a massive Australian Taxation Office (ATO) education campaign there are still many errors and omissions being made by small businesses on their Activity Statements. Most of these errors relate to the over-claiming of GST credits. If you or your bookkeeper are incorrectly classifying your expenditure or revenue for GST, you may be exposing yourself to future penalties and interest charges from
04
Oct 2018
The Demise of Trading Names
What is happening? The Australian Securities & Investments Commission (ASIC) is working with the Australian Business Register to retire the use of trading names in Australia.
04
Sep 2018
How To Effectively Collect Late Payments
Managing your receivables is important if you want to maintain your cash flow, and late payments can be crippling to your business – especially if you’re working on a tight budget. That’s why it’s critical to find effective ways to collect what’s owed to you on time. Here are some practical hacks for collecting late payments effectively, if you even need an easier way to get payments, then consider using a
11
Aug 2018
Paying dividends and the solvency test
In this article we take a look at the consequences of decisions made around private companies paying dividends and the solvency test.
23
Jul 2018
Don’t Miss Your Chance To Address Unpaid Super
Are you running behind on employee superannuation payments? If so, you might be in luck.
The financial services sector is at an inflection point. Right around the world, personal banking is facing a wave of digital disruption, driven by new technology, regulation, the need for cost reduction and changing consumer behaviour; the sector is starting to reshape. Forming an offshore company with Offshore Protection is easy and choosing a great bank like Offshore-Protection.com it’s super important for your finances, especially if your using something like
27
Apr 2018
FREE Guides TO REDUCE Your TAX
TAX PLANNING Tax planning is an important activity that should be done throughout the year, to not only ensure that you are aware of (and prepared for) your financial obligations, or if you need a business loan warrenton mo for next year, but also to ensure that you are not paying any more tax than you have to! How you ever stopped to think about what you could do with
In one of the most dramatic changes to property depreciation legislation in more than 15 years, Parliament has passed the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 as at Wednesday 15th November 2017 and the Bill is now legislation.
Queensland businesses are being urged to seek advice and check records of current and former employees after a major Federal Court decision on the wages of apprentices in Queensland.
Are you the director of a Small to Medium Business? It can be tough knowing what to do from the top. With some business it seems like everyone is doing their job and you’re hardly needed, with others it feels like the logistics of everything depend on you, right down to the water coolers or even keeping the lights on. Thankfully for most of these you will be able to