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Small Business Handbook

Compiled information and guides created for small businesses

Latest articles

ATO Audit - What To Do

ATO Audit: What to Do If You Are Being Audited

So the ATO has contacted you or your accountant notifying you of a review and/or an audit will take place ...
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Negative Gearing in Australia

Negative Gearing in Australia: A Guide on Property Investment

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

Australian Small Business Depreciation: How to Calculate 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: Is Your Business 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

FBT Exemptions: Corporate Gifts & Work Christmas Parties

Each year, there are possible FBT exemptions for business owners who make the decision to spend money on corporate gifts ...
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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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The Ultimate Investment Property Tax Guide

The Ultimate Investment Property Tax Guide 2019

What types of investment property tax apply? There are two types of investment property tax that apply to investment properties ...
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ASIC Late Fees

How to Avoid ASIC Late Fees

As an accountant, you start to see patterns and this is no different with small business owners constantly being penalised ...
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6 Characteristic of a Great Accountant

We've all cherished the stereotypical idea of an accountant sitting in a lonesome office crunching away at numbers for hours ...
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What is Professional Indemnity Insurance?

If you run a business, it's important to protect your business against potential legal costs and claims by third parties ...
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Bucket Companies: How You Can Save $1000s in Tax With This Strategy

Bucket companies, also known as corporate beneficiaries or a dump company, are an incredibly useful strategy for tax planning and ...
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