Articles
Stay compliant with our expert articles on Australian Tax & Accounting. Find latest laws, best practices, and strategies for managing taxes and finances.
How to Use The Instant Asset Write-Off for Small Business Owners
Home | Articles | How to Use The Instant Asset Write-Off for Small Business OwnersThe temporary full expensing Instant Asset Write-Off incentive is one of the best tax-saving opportunities available...
FBT for Small Business: What You Need to Know to Stay Compliant
Home | Articles | FBT for Small Business: What You Need to Know to Stay CompliantAs a small business owner, you're probably familiar with the various tax obligations that you need to comply with....
Your Guide to BAS Due Dates 2023: A Must-Read for Small Business Owners
Home | Articles | Your Guide to BAS Due Dates 2023: A Must-Read for Small Business OwnersThe importance of the Business Activity Statement (BAS) for small businesses in AustraliaAre you a small...
SME Business Guide to STP Finalisation
Home | Articles | SME Business Guide to STP FinalisationIf you're a small business owner in Australia, you're likely familiar with Single Touch Payroll (STP), the government initiative requiring...
Utilising a Business Trading Trust for Asset Protection and Maximising Your Hard-Earned Wealth
Home | Articles | Utilizing a Business Trading Trust for Asset Protection and Maximizing Your Hard-Earned WealthFor business owner, it is crucial to protect your assets and preserve your hard-earned...
Unlock the Benefits of a Bucket Company: Maximise Tax Savings and Protect Your Assets
A bucket company in Australia is a type of company structure that is typically used for tax planning purposes. It allows for the distribution of profits at a lower corporate tax rate, rather than individual tax rates.
Taking Money Out of Your Private Company: How to Avoid Division 7A Penalties
As a business owner, you may be curious why you can’t just withdraw funds whenever you want. Your company is a separate legal entity, not an individual. Certain rules and regulations must be followed in order to withdraw money from the company.
Maximising Your Property Investment: Trust vs Company – Which Structure is Right for You?
Trust and company can be useful structures for property investment, and the best option for you will depend on your specific circumstances, it’s important to consider factors such as capital gains tax, income tax, potential tax benefits, operating costs and administration requirements.
What is the importance of having a Director ID?
To be a director in Australia, verification by ABRS & obtaining a DIN is required. This 15-digit identifier helps prevent fraudulent activities & creates accountability. The main goal is to prohibit unlawful activities and create fraudulent director identities.
