When does a Tax Law Announcement Become Active
When an election is around the corner, there are usually many announcements made by the Government of the time to entice undecided voters...
Business Structures in Australia- Sole Traders and Partnerships.
Deciding on the structure of your new business is one of the most important decisions you will need to make. Careful consideration of your c
What is depreciation for Tax Purposes?
Depreciation is the term used to describe the decline in value of an asset over the asset’s effective life. For example, a new car purchased
What is the default assessment and how will it impact you.
The ATO has a wide range of options and strategies to ensure taxpayers lodge their tax returns or activity statements on time. When these at
What is a business name?
Whether your business needs to register a Business Name ultimately depends on the specific circumstances of your business. Do you want to tr
Is a Donation a gift which keeps giving
It feels great to give back to the community or to a worthy cause. Everyone would have, at least once in their life, made a gift or donation
How do I allocate Rental Property Income Expenses?
Knowing how to allocate income and expenses related to rental properties that are owned by multiple people can be an important part of your
Are contractors entitled to Superannuation?
Understanding your obligations when it comes to superannuation is an essential part of running a business.In most industries, the answer to
