Tax Minimisation - Reduce Your BAS
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How to Reduce BAS Payments for Your Business

ByDavie Mach

As a business owner or manager in Australia, one of the most crucial responsibilities you’ll encounter is managing your Business Activity Statement (BAS). Having an Australian business number (ABN) is essential for registering for GST and receiving a BAS automatically when it’s time to lodge. These regular tax obligations are fundamental to running a compliant…

Changing Accountants - A Step by Step Guide
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5 Important Steps to Seamlessly Change Accountants

ByDavie Mach

Are you looking at change accountants? Is your accountant not responding or taking far too long to get back to you? We often have clients sign up for our services as a result of having a negative experience with their previous accountant or accounting firm. For example, we recently picked up a new client in…

Hiring Your First Employee
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3 Crucial Steps to Successfully Hiring Your First Employee

ByDavie Mach

What to look out for when hiring your first employee Looking at hiring your first employee? Achieving entrepreneurial success isn’t just about picking anyone for your company. It’s also about making sound decisions and implementing the right strategy in attracting the best prospective employees. The first few stages in the life of your business are…

Winding Up a Company
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Winding Up a Company: 10 Essentials Steps You Need To Take

ByDavie Mach

When winding up a company, you must follow the correct process to ensure that your proprietary limited company has officially ceased to exist. Without doing so, you are still obligated to perform regulatory reporting and incur fees on an annual basis. Furthermore, the company will be at risk for exposure to future liabilities that may…

A Guide to Employer Obligations
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A 2300 Word Ultimate Guide to Understanding Employer Obligations

ByDavie Mach

Understanding Employer Obligations As an employer, it’s imperative to understand that your employer obligations extend further than the monetary compensation owed to your employees. Australia’s extensive legislation revolved around employer obligations, and employee rights remains a treacherous area for many inexperienced business owners to navigate. Below, we explore the obvious and not so apparent obligations…

Business Registrations
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9 Essential Business Registrations Your Businesses Needs

ByDavie Mach

Are you starting your own business? Starting a business is an exciting time for any entrepreneur. Often times, this can be bogged down by the legal landscape of business registrations and the accompanying paperwork that is often involved in ensuring your business is legally permitted to operate in Australia. Without the assistance of an accountant,…

Working as a Contractor - Must Do's
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Working as a Contractor: Top 10 Contractor Must Do

ByDavie Mach

So you’ve decided that you’re going to be working as a contractor in your industry. Great work! Contractors run their own business and the potential to generate a large income is an attractive option. However, with great reward, comes to a lot more responsibilities. In this guide, we go through some of the pitfalls that…

sole trader vs company
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Sole Trader vs Company: The Essential Comparison Guide

ByDavie Mach

Choosing a business a sole trader vs company business structure can be confusing as each individual’s business situation is different. In our experience, many business owners consider between a sole trader vs company business structure when they’re looking to reduce tax liability, grow their business and to limit their personal assets from risk. In a…

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