When a small business begins to expand, a lot of changes will need to be made to accommodate the rapid growth. Such changes often include hiring an accountant, consulting a tax agent and getting new equipment. For most growing businesses, acquiring new assets upfront represents a significant investment. To meet the demands of growth, small […]Read More
Technology has changed the business world in a variety of ways. Due to rapid technological innovations that we’ve been experiencing, it’s safe to say that industries will continue to evolve in the coming years. One thing that technology has changed is the way businesses manage their finances. Back in the day, you just needed experienced […]Read More
The goods and services tax (GST) in Australia is a broad-based value-added tax that applies to most goods and services sold in the country. Like other economies around the world, the GST is an essential source of governmental revenue in Australia. Most employers will need to complete the process of GST registration, add GST to […]Read More
Many Aussies have found themselves working from home due to the coronavirus lockdown. Whether you’re working from home just during the lockdown period or you’re planning to continue working from home in some capacity once lockdown restrictions ease, it’s important to know what you can legitimately claim as a deduction on your tax return. While […]Read More
For most people, their superannuation fund is their second-largest asset after their home. So it’s vital to ensure that it’s healthy, secure and well managed. Standard super funds, like retail or industry funds, will supply you with steady returns and require little input or attention. However, self-managed super funds (SMSF) offer a range of benefits […]Read More
