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The Contractor Handbook

With over 10 years of advising our clients we have compiled information and created guides for Small Businesses and Contractors.

Family Trust Benefits

What is a Family Trust? (4 Family Trust Benefits & Disadvantages You Must Know)

Family trust benefits can have significant positive impacts on your family finances. In the most recent study on trusts by ...
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Questions to Ask Your Accountant

6 Questions To Ask Your Accountant That Can Save You Thousands

So, you may have recently switched accountants, or you may have just started a new business venture. Perhaps you've just ...
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How to Calculate Capital Gains Tax

3 Simple Methods: How To Calculate Capital Gains Tax (And Concessions You Can Take Advantage Of!)

Understanding how to calculate capital gains tax is incredibly useful in all stages of owning an asset whether it's looking ...
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Chartered Accountants and Accountants

The Major Differences Between Chartered Accountants and Accountants

Trying to find out the difference between Chartered Accountants and Accountants? When you're looking for an accountant for your business, ...
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Benefits of a Pty Ltd Company

5 Powerful Benefits of a Pty Ltd Company (2020)

If you're a sole trader or in a partnership, you're probably trying to figure out if there are any benefits ...
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ATO Audit - What To Do

#1 Guide to Surviving an ATO Audit

So you or your accountant has been notified that an ATO review and/or an ATO audit will take place on ...
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Negative Gearing in Australia

Negative Gearing in Australia: Should You Do It?

Hearing all this chatter about negative gearing in Australia and want to know what the fuss is all about? Or ...
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Australian Small Business Depreciation

The Best Guide to Maximising Small Business Depreciation

Small business depreciation calculations have gotten a whole lot more simple thanks to the ATO's simplified depreciation rules that took ...
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Profitability Analysis

Profitability Analysis: Are you 100% Sure Your Business is Profitable?

Profitability analysis: it may come as a surprise to many people that some of the fundamental knowledge you should have ...
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FBT Exemptions

How to Save $1,000s with FBT Exemptions

Each year, there are possible FBT exemptions for business owners who decide to spend money on corporate gifts or organise ...
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Fundamentals on How to Buy or Sell a Business

Are you looking to buy or sell a business and not sure where to start? In this article, I'll go ...
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Main Residence CGT Exemption

7 Scenarios That Affect Your Main Residence CGT Exemption

If you own property and use it as your main residence then generally you are eligible for the main residence ...
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Tax Minimisation - Reduce Your BAS

3 Easy Ways Towards Business Tax Minimisation & Pay Less on BAS

One of the most common questions concerning tax minimisation I get asked from small business owners and contractors: whether I ...
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Winding Up a Company

3 Essential Steps in Successfully Winding Up a Company

When winding up a company, you must follow the correct process to ensure that your proprietary limited company has officially ...
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How to Change Accountants

Step by Step Guide on How to Change Accountants

Time to change accountants? Generally, businesses will make the decision to change accountants for a number of reasons. This guide ...
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Working as a Contractor - Must Do's

Working as a Contractor: Top 10 Contractor Must Do

So you've decided that you're going to be working as a contractor in your industry. Great work! Contractors run their ...
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ATO Payment Arrangement

7 Detailed Steps to Successfully Organising ATO Payment Arrangements

Organising ATO payment arrangements can help with dealing with tax debts that can be stressful, especially with those unpaid monthly ...
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8 Things to Look For When Choosing the Right Accountant

Looking for an accountant? What you should be looking for in an accountant? What benefits can an accountant offer? Finding ...
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Taking Money Out of a Limited Company

4 Ways to Taking Money Out of a Limited Company

Taking money out of a limited company for personal use Many contractors choose to operate out of a Pty Ltd ...
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9 Things You Absolutely Need to Know about Tax

The Tax Guide for Contractors, Consultants, Freelancers and Locums As a consultant, contractor, freelancer and locum there is a range ...
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Guide to Setting up a Business Bank Account

Business Bank Account Guide for Contractors If you are operating your contractor business under a company, you will require a ...
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7 Types Insurance for Contractors

What types of insurance for contractors, consultants, freelancers and locums? Contractors in every industry face risk on a daily basis ...
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A Guide to Employer Obligations

A 2300 Word Ultimate Guide to Understanding Employer Obligations

Understanding Employer Obligations As an employer, it’s imperative to understand that your employer obligations extend further than the monetary compensation ...
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Is a Verbal Agreement Legally Binding?

There is a lot of conjecture as to whether a written contract is required for all agreements or is a ...
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Hiring Your First Employee

3 Crucial Steps to Successfully Hiring Your First Employee

What to look out for when hiring your first employee Looking at hiring your first employee? Achieving entrepreneurial success isn’t ...
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Tax Minimisation - Reduce Your BAS

3 Easy Ways Towards Business Tax Minimisation & Pay Less on BAS

One of the most common questions concerning tax minimisation I get asked from small business owners and contractors: whether I ...
Read More
Winding Up a Company

3 Essential Steps in Successfully Winding Up a Company

When winding up a company, you must follow the correct process to ensure that your proprietary limited company has officially ...
Read More
A Guide to Employer Obligations

A 2300 Word Ultimate Guide to Understanding Employer Obligations

Understanding Employer Obligations As an employer, it’s imperative to understand that your employer obligations extend further than the monetary compensation ...
Read More
Business Registrations

9 Essential Business Registrations Your Businesses Needs

Are you starting your own business? Starting a business is an exciting time for any entrepreneur. Often times, this can ...
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7 Step Guide to Choosing the Right Business Structure

A common question that a lot of new business owners ask themselves is "what business structure should I choose?". The ...
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sole trader vs company

Sole Trader vs Company: 7 Important Business Structure Considerations

Choosing a business a sole trader vs company business structure can be confusing as each individual's business situation is different ...
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8 Things to Look For When Choosing the Right Accountant

Looking for an accountant? What you should be looking for in an accountant? What benefits can an accountant offer? Finding ...
Read More
Taking Money Out of a Limited Company

4 Ways to Taking Money Out of a Limited Company

Taking money out of a limited company for personal use Many contractors choose to operate out of a Pty Ltd ...
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Business Risk Management - How to De-Risk Your Business

Business Risk Management: 5 Essential Ways to Reduce Business Risk

It's never too early to have business risk management processes in place. No matter the size of your business, it's ...
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6 Insurance Policies You Should Have for Your Small Businesses

A comprehensive guide to both compulsory and optional insurance policies for all types of small businesses! Small business insurance policies ...
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Benefits of a Pty Ltd Company

5 Powerful Benefits of a Pty Ltd Company (2020)

If you're a sole trader or in a partnership, you're probably trying to figure out if there are any benefits ...
Read More
Hiring Your First Employee

3 Crucial Steps to Successfully Hiring Your First Employee

What to look out for when hiring your first employee Looking at hiring your first employee? Achieving entrepreneurial success isn’t ...
Read More
A Guide to Employer Obligations

A 2300 Word Ultimate Guide to Understanding Employer Obligations

Understanding Employer Obligations As an employer, it’s imperative to understand that your employer obligations extend further than the monetary compensation ...
Read More
Business Registrations

9 Essential Business Registrations Your Businesses Needs

Are you starting your own business? Starting a business is an exciting time for any entrepreneur. Often times, this can ...
Read More
How to Change Accountants

Step by Step Guide on How to Change Accountants

Time to change accountants? Generally, businesses will make the decision to change accountants for a number of reasons. This guide ...
Read More

7 Step Guide to Choosing the Right Business Structure

A common question that a lot of new business owners ask themselves is "what business structure should I choose?". The ...
Read More
sole trader vs company

Sole Trader vs Company: 7 Important Business Structure Considerations

Choosing a business a sole trader vs company business structure can be confusing as each individual's business situation is different ...
Read More
Taking Money Out of a Limited Company

4 Ways to Taking Money Out of a Limited Company

Taking money out of a limited company for personal use Many contractors choose to operate out of a Pty Ltd ...
Read More

Is a Verbal Agreement Legally Binding?

There is a lot of conjecture as to whether a written contract is required for all agreements or is a ...
Read More

Guide to Setting up a Business Bank Account

Business Bank Account Guide for Contractors If you are operating your contractor business under a company, you will require a ...
Read More
Benefits of a Pty Ltd Company

5 Powerful Benefits of a Pty Ltd Company (2020)

If you're a sole trader or in a partnership, you're probably trying to figure out if there are any benefits ...
Read More
Winding Up a Company

3 Essential Steps in Successfully Winding Up a Company

When winding up a company, you must follow the correct process to ensure that your proprietary limited company has officially ...
Read More
Business Registrations

9 Essential Business Registrations Your Businesses Needs

Are you starting your own business? Starting a business is an exciting time for any entrepreneur. Often times, this can ...
Read More

7 Step Guide to Choosing the Right Business Structure

A common question that a lot of new business owners ask themselves is "what business structure should I choose?". The ...
Read More
sole trader vs company

Sole Trader vs Company: 7 Important Business Structure Considerations

Choosing a business a sole trader vs company business structure can be confusing as each individual's business situation is different ...
Read More

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