by Davie Mach | Jul 17, 2024 | Employers, Accounting & Tax, BAS, Tax Returns & Financial Statements, BAS, Tax Returns & Financial Statements, Contractor Handbook, Guides, Small Business Handbook, Small Businesses, Tax Planning, Tax Planning, Tax Tips
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...
by Davie Mach | Jul 16, 2024 | Small Business Handbook
Starting a business is an exciting journey filled with lucrative opportunities, growth, and the chance to pursue your passion. One of the most common ways to open a business is under a company structure, which provides a range of unique benefits, such as limited...
by Davie Mach | Jul 15, 2024 | Small Business Handbook, Business Structure
The different types of trusts in Australia are widely used as a preferred business structure when it comes to investments, managing the financial affairs for families and business purposes. But did you know there are a handful of different types of trusts in...
by Davie Mach | Jul 15, 2024 | Small Business Handbook, Tax Planning
As a savvy business owner or entrepreneur, you’re always looking for ways to reduce your tax burden and increase your bottom line. One such opportunity lies in the realm of business tax write-offs. Unfortunately, most of the time, business owners don’t...
by Davie Mach | Jul 11, 2024 | Small Business Handbook
Inaccurate payroll and bookkeeping are common issues that many businesses face. From initial employee hiring to day-to-day tasks such as expense management or paying vendors, businesses are always looking for ways to save time by automating their processes.Though some...
by Davie Mach | Jun 23, 2024 | Self Managed Superannuation Funds, Small Business Handbook, Tax Planning
As a business owner, you have a lot of responsibilities. Not only do you need to worry about tax obligations and payroll, but you also have to stay on top of financial reporting. Although it can be a lot to keep track of, it’s important to make sure that your business...
