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 | Sep 20, 2017 | Business Structures, Income Tax - Business, Income Tax - Individuals, Shelf Company, Tradies, Trust Setup
If you received income for personal services as a sole trader, you need to be aware of special rules applying to this income. Introduced in 2001, Personal Services Income (PSI) rules applies to prevent individuals from “alienating” their PSI to either a...
by Marketing | Sep 19, 2017 | Business Structures, Company Setup, Partnership, Shelf Company, Sole Trader, Trust Setup
Family Trust is a structure where a business and or assets are owned /operated in a trust, which is managed by a third party (trustee) who has legal control and has a duty to operate that business to benefit someone else (beneficiaries). Traditionally, trust...
by Marketing | Sep 19, 2017 | Business Structures, Company Setup, Partnership, Shelf Company, Sole Trader, Tradies, Trust Setup
A partnership business structure is a little more complex than sole trader. With this structure, two or more people start a business and can legally share profits, risks and losses in accordance with the terms and conditions of a partnership agreement, or, where no...
by Marketing | Sep 19, 2014 | Business Structures, Company Setup, Shelf Company, Tax Saving Strategy, Trust Setup
Register A Company or Trust Maynard Accounting have setup, helped register & maintain tax obligations of thousands of companies and trusts in Logan and Brisbane Starting a business and choosing the right structure can be hard, but it doesn’t have to be if you have...