Normally when a client asks us about how they should structure their business we focus on getting the best tax outcome and protecting their assets. In some of the restructures we have done the clients have said to me that while all that was very good the biggest benefit was how the structure helped them run their business so much better.
Resources
The Deputy Commissioner at the recent National Conference of the Institute of Chartered Accountants said that in relation to self managed super funds “we then focused on education … we’re now concentrating on taking firmer action”
Our rental property checklist will assist you with compiling information when you purchase or sell a residential rental property. It also provides guidance for deductions you can claim each year on your taxation return. Please contact us if you need further information on any item in the checklist.
Are you a trustee of a self-managed superannuation fund? An education program has been developed by the Joint Accounting Bodies (CPA Australia, the Institute of Chartered Accountants in Australia) and the National Institute of Accountants. This service has been provided free to members and trustees of self-managed superannuation funds. At the completion of this program, [...]
There can be tax implications when you make payments from a company account for private expenses. Here are some tips to help separate your personal and company money: From 1 July 2009, check to see if there are any assets that you have used and if necessary, make a payment for the usage; Watch out [...]
This guide has been prepared by MYOB and will assist with the end of year process, including rolling over the payroll year and performing reconciliations on selected accounts. We are able to assist with the end of financial year process. As you are working through the guide, please contact us with any questions you may [...]
The Education Tax Refund (ETR) helps with the cost of educating primary and secondary school children. Eligible parents, carers, legal guardians and independent students are able to get money back on education expenses. For the year ended 30 June 2011, eligible education expenses are items that support a child’s or independent student’s primary or secondary [...]
