Motor Vehicles for your Business – Issues to Consider – Part 1 of 3

December 1, 2010

So you are thinking of purchasing a motor vehicle for your business.  You may have even visited a few dealers, gone for a test drive of a couple of vehicles, and have a particular vehicle in mind that you would like to buy.  What are some of the things you should keep in mind as [...]

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Record Keeping – Add value to your business

November 17, 2010

Life as a small business owner can be tough. Managing relationships with customers, suppliers and staff while producing great quality products or services can be a delicate balancing act – filled with challenges and opportunities. In the light of these demands for your attention, the quality of your business’ records is usually the last thing [...]

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How the ATO benchmarks can help you

November 1, 2010

I attended an ATO seminar for tax professionals last Friday where they were talking about the progress of some of their latest approaches to making sure taxpayers are reporting all of their business and investment income correctly. One of the approaches the ATO are using is benchmarking for small businesses. Working together with industry associations, [...]

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Are you making the most of your rental property?

October 18, 2010

We have quite a number of clients in our practice who hold residential investment properties, particularly negatively-geared properties. While this form of investment has a number of features which can make it very tax-effective, it is surprising how many clients are not claiming all of the deductions they are entitled to. Some of the available [...]

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Superannuation for Workers with an ABN

August 31, 2010

There is sometimes confusion amongst business owners as to whether they legally have to pay 9% super guarantee for workers they hire under an ABN.  While it seems to make sense that a contractor you hire in your business is not an employee and you don’t need to pay super for them – you may [...]

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