by Davie Mach | Apr 12, 2022 | 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...
by Sean Yee | Jan 24, 2022 | Small Business Handbook, Tax Planning
Running a business is not always easy. One of the most important aspects for businesses, especially those who are just starting out, is to ensure they are compliant with company tax laws in the Australian tax system. There’s no point in working hard to build...
by Sean Yee | Jan 24, 2022 | Small Business Handbook, Tax Planning
It’s not uncommon for business owners to experience losses in their business operations. From a tax perspective, however, this isn’t always a bad thing. The good news is that there are several ways Australian business owners can minimise tax and still keep their...
by Davie Mach | Aug 26, 2021 | Accounting, Accounting, BAS, Tax Returns & Financial Statements, Contractor Handbook, Small Business Handbook, Tax Planning, Tax Planning
Medical professionals are constantly juggling their day-to-day practice and the business side of things. But, let’s face it, as a doctor, you’ve got your hands full with patient care, so the business side of things and financial planning tends to take a...
by Davie Mach | Aug 26, 2021 | BAS, Tax Returns & Financial Statements, BAS, Tax Returns & Financial Statements, Contractor Handbook, Small Business Handbook, Tax Planning, Tax Planning
Doctors are among the highest-earning professionals in Australia. And the higher the income, the higher the marginal tax rate. But did you know that as a medical professional, you’re eligible for a pretty long list of deductions? Unfortunately, however, many doctors...
by Davie Mach | Feb 19, 2021 | BAS, Tax Returns & Financial Statements, Small Business Handbook, Tax Planning
As an investor, there are several property taxes that you need to be aware of, one of them being a land tax. While there may be some exemptions, paying land tax is an inevitable part of owning a property. It can often be overwhelming trying to navigate land tax and...