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
Bas Myths and legends
While the Business Activity Statement does not carry the romance and drama of an Ancient Greek tragedy, there are still many misconceptions
What is the CGT Active Asset Reduction?
The Active Asset Reduction is one of the CGT concessions available to small business entities. If your CGT asset passes the relevant tests,