Taking on the family business legacy: becoming the successor.
Becoming the successor to the family business is a genuine honour. But taking over control of the family…
5 ways to improve the governance of your family business
Running any kind of business is tough work. But when you add in the additional challenges of running…
Increased tax return amendment period for small / medium businesses
A measure aimed at reducing the burden on small and medium businesses wishing to revise their income tax…
Common tax return errors for rental property owners
The ATO has published a list of common taxpayer errors found from its recent property management data matching…
Should you buy or lease your business assets?
There are certain items of equipment, machinery and hardware that are essential to the operation of your business…
Cancellation of ABNs for late lodgments to not proceed
In the 2024 Federal Budget, the Federal Government announced the discontinuation of this proposed measure, as these integrity…
Following up on invoice payment in a down economy
It can feel challenging to chase up payment of invoices when the economy has been down, but it…
Keeping your tax and expenses in check when you are self-employed
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing…
Changes to Capital Gains Withholding tax
Changes to foreign resident capital gains withholding tax rate and threshold. The withholding tax rate for the capital…