What the proposed housing-based super contribution initiatives offer
After waiting for what seems like an eternity, the government has finally put to Parliament its draft legislation around two of its schemes.
Read MoreClient in Focus: Chessplus
We speak with Christian Simpson, founder of Chessplus, to talk about what inspired him to develop and refine such an interesting and slightly different concept of the traditional game of chess.
Read MoreTED Talks: Paul Tasner – How I became an entrepreneur at 66
It’s never too late to reinvent yourself. Take it from Paul Tasner – after working continuously for other people for 40 years, he founded his own start-up at age 66, pairing his idea for a business with his experience and passion. And he’s not alone. As he shares in this short, funny and inspirational talk, seniors are increasingly indulging their entrepreneurial instincts and seeing great success.
Read MoreBeware Division 7A when borrowing from your business
Business owners of private companies often borrow money from their own companies for all sorts of reasons. However, there is an area of the tax law that seeks to sanction against situations in which private companies dole out money to those within a business, in a form other than salary or dividends, that needs to be understood by business owners. This is known as Division 7A.
Read MoreTax and Christmas party planning
Christmas will be here before we know it, and the well-prepared business owner knows that a little tax planning can help make sure there are no unforeseen tax problems.
Read MoreLand Tax: State-by-State
Land Tax is a State based Tax consequently if you have properties in various States you will need to meet each states individual land tax regulations. So even if you have properties held by the same entity but in different States this entity will be required to lodge Land Tax Returns for each respective State.
Read MoreTED Talks: Elon Musk – The future we’re building – and boring
Elon Musk discusses his new project digging tunnels under LA, the latest from Tesla and SpaceX and his motivation for building a future on Mars in conversation with TED’s Head Curator, Chris Anderson.
Read MoreSelling up your business? Don’t forget the “going concern” GST exemption
The concept of a “going concern” exemption for the purposes of the goods and services tax (GST) can still cause confusion when businesses are sold.
Read MoreAvoid being a sitting duck to email threats and phishing campaigns
Phishing emails remain the most popular method to deliver malware.
Read MoreThe CGT implications of subdividing and building on the family property
Given the state of the property market in Australia these days, a not-uncommon situation can arise where a residential property owner seeks to demolish and subdivide the block containing the family home and build residential units.
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