by Marketing | Mar 17, 2022 | BAS Bookkeeping, Bookkeeping Services, Busienss Strategies, Business Startup, Business Structures, Income Tax - Business, Income Tax - Individuals, Tradies
The building industry will be feeling the consequences of the recent liquidation of large construction companies, Probuild and Condev. Given the potential for other builders to experience financial distress/liquidation, trades and small business operators may well be...
by Marketing | Nov 25, 2021 | Business Startup, Income Tax - Business, Tax Saving Strategy, Trust Setup
New businesses are birthed either from a spontaneous idea, a long-held dream, or meticulous planning. When business income is taxed, the business structure used can impact the amount of tax paid. Example: Helping a client reduce the amount of tax he was paying, I...
by Marketing | Mar 26, 2020 | BAS Bookkeeping, Bookkeeping Services, Business Startup, Business Structures, Company Setup, Employment, Income Tax - Business, Income Tax - Individuals, Shelf Company, Single Touch Payroll, Tax Saving Strategy, Tradies, Trust Setup
SMALL BUSINESSES NEED TO GET READY Stimulus Measures The Australian Government’s economic response to the COVID-19 crisis is a two-pronged approach. Cash Flow Boost JobKeeper/JobSeeker How do They Work We have been busy answering inquiries and calculating...
by Marketing | Mar 25, 2020 | BAS Bookkeeping, Bookkeeping Services, Busienss Strategies, Employment, Income Tax - Business, Single Touch Payroll, Stimulus Package 1, Stimulus Package 2
Stimulus 1 and Stimulus 2 Stimulus 2 has just been announced and contains multiple components. Stimulus 2 modifies Stimulus 1. Several fact sheets are available from various government sites that help explain the package’s different components. Boosting Cash...
by Marketing | Mar 13, 2020 | Income Tax - Business
After surviving the smoky clouds of bush fires, Australians were at a point to regain their economic status. Regretfully, the second wave of Corona Virus may put a spanner in that wheel. Addressing the global pandemic situation, The Morrison Government has recently...
by Marketing | Dec 10, 2019 | BAS Bookkeeping, Bookkeeping Services, Business Startup, Company Setup, Employment, Income Tax - Business, Payroll, Single Touch Payroll
Single Touch Payroll (STP) was introduced on 1 July 2019 and has changed where every employer will be required to use the system. If you are still using a manual system to pay your staff, you will need to change soon. Recent legislative changes now remove the need for...