fbpx

Resources

Resources for small businesses and contractors

Small Business Handbook

Director ID

Everything You Need To Know About Director ID

In an effort to promote good corporate conduct, tackle illegal phoenix activity and prevent fraudulent director identities, the Australian government ...
Read More
non commercial losses

Non-Commercial Losses Explained (The 5 Rules You Need To Know)

It is not uncommon for new sole trader or partnership businesses to operate at a loss for the first few ...
Read More
how to close a company

The Accountant’s Guide on How to Close a Company

The last thing that any business owner wants to think about is closing their company. However, considering the worldwide pandemic ...
Read More
what happens when a company goes into liquidation

What Happens When a Company Goes Into Liquidation?

Considering the current state of the worldwide economy following the effects of the pandemic, it’s no surprise the business owners ...
Read More
trading insolvent

The Essential Guide to Trading Insolvent (And What You Should Do)

With the recent economic downturn, many companies have struggled to keep their heads above water and stay afloat.  But, if ...
Read More
capital gains tax on sales of business

The 4 Things to Know About Capital Gains Tax on Sale of Business

It's no secret that capital gains tax (CGT) is a complicated topic.  In fact, CGT can be one of the ...
Read More
business exit strategy

The Essential Guide to a Successful Business Exit Strategy

When starting your own business, it's easy to not think about when you'll need a business exit strategy.  But as ...
Read More
accountant for doctors

How To Choose The Best Accountant for Doctors

Medical professionals are constantly juggling their day-to-day practice and the business side of things.  But, let's face it, as a ...
Read More
tax deductions for doctors

The 9 Best Tax Deductions For Doctors

Doctors are among the highest-earning professionals in Australia. And the higher the income, the higher the marginal tax rate. But ...
Read More
capital gains tax on shares thumbnail

Capital Gains Tax on Shares: Everything You Need to Know

Capital gains tax is an unavoidable expense that many investors have to face during their investment journey. Whether you own ...
Read More
small business restructure rollover

Considering a Small Business Restructure Rollover? Here’s How It Works

In the 2015-16 Federal Budget speech, the Australian government emphasised the role that small businesses play in the economy and ...
Read More
eofy tax tips

Advanced EOFY Tax Tips for Small Businesses

The end of the financial year is around the corner, which means it’s time for small businesses to save some ...
Read More

Contractor Handbook

what happens when a company goes into liquidation

What Happens When a Company Goes Into Liquidation?

Considering the current state of the worldwide economy following the effects of the pandemic, it’s no surprise the business owners ...
Read More
accountant for doctors

How To Choose The Best Accountant for Doctors

Medical professionals are constantly juggling their day-to-day practice and the business side of things.  But, let's face it, as a ...
Read More
tax deductions for doctors

The 9 Best Tax Deductions For Doctors

Doctors are among the highest-earning professionals in Australia. And the higher the income, the higher the marginal tax rate. But ...
Read More
tax on cryptocurrency in australia

How Tax on Cryptocurrency Australia Works

Cryptocurrency has undoubtedly experienced explosive growth over the last couple of years - but how does tax on cryptocurrency in ...
Read More

Discretionary Trusts: Everything You Need to Know

Discretionary trusts are widely used for asset protection purposes and tax management.  But, by transferring your assets into a discretionary ...
Read More
Luxury Car Tax Thumbnail

The Luxury Car Tax Guide: Must Read Before Buying

If you’re thinking of buying that brand new Mercedes-Benz S-Class, you’ll need to also think about luxury car tax.  You ...
Read More
asset protection strategies thumbnail

The 4 Best Asset Protection Strategies You Should Know

Asset protection strategies are arguably as significant as purchasing the assets in the first place.  Many Australian’s dream of owning ...
Read More
Teacher Tax Deductions Thumbnail

The Ultimate Guide on Teacher Tax Deductions

Did you know that as a teacher or as someone working in education, you’re entitled to various industry-specific, teacher tax ...
Read More
Uber Tax Deduction Thumbnail

The Ultimate Guide on Uber Tax Deductions

Did you know that as an Uber driver, you’re considered an independent contractor?  This means that you’re entirely responsible for ...
Read More
thumbnail for article for tax deductions for buying a car in the business

The 5 Types of Trusts in Australia You Need to Know

The different types of trusts in Australia are widely used as a preferred business structure when it comes to investments, ...
Read More
Reduce Taxable Income - Individuals

8 Ways on How to Reduce Taxable Income for Individuals in Australia

Although paying tax is inevitable, most people want to determine how to reduce taxable income. Did you know that through ...
Read More
Work from Home Deductions

6 Working From Home Deductions You Can Claim

If you’re an employee who works from home, you may be able to claim a deduction for your working from ...
Read More

eBooks & Tools

Essential Lodgements for Small Business

This guide on essential lodgements for your small business is essential reading for any contractor or small business looking to ensure they are meeting all requirements to operate their business legally.

The Hiring Your First Employee Guide

Looking to hire your first employee? Box Advisory Services' guide on hiring your first employee is essential reading for any contractor small business looking to expand the size of their team.

Eligible Tax Deductions

Tax deductions are a huge money saver if you know what they are, how they work and in what situation to utilise them.