Business
Tax Planning Tips - 2018
Here are our top five tax planning tips for 2018. It’s early June now, and a perfect time to go over these tips.
... read moreThe Killer - Part 2
The killer is multinational corporate tax rates. Do you know why? Because they are ZERO, and if a multinational isn’t on ZEROincome tax rate, they are close to ZERO. It’s an absolute disgrace these multinational companies paying ZERO tax.
... read moreBookkeepers - Godly or the Devil Incarnate
At Paris Financial, we champion small businesses. The risks they take and the effort it requires can never be underestimated. One of the biggest risks a small business person takes is engaging a bookkeeper. Whether the bookkeeper is a family member, an employee or a contractor, they are vital to your business.
... read moreSafe Insurance or a Future Street Fight - Part 2
My previous article ended with a fight about to ensue after a claim was put in for professional indemnity insurance. We finished off with your claim being in the hands of Specialist Lawyers and the fact you are in a white collar street fight.
... read moreSafe Insurance or a Future Street Fight - Part 1
If you are contemplating going into business in professional services then you need to consider Professional Indemnity insurance or PI as it’s known in the white collar world. PI insurance is a key piece of asset protection for your small business and will help you sleep at night.
... read moreDon't Make it Your Problem - DATA BREACH
You better be ready Mr or Mrs Business Person because New data breach rules come into effect from 22 February 2018. These rules place an onus on business to protect and notify individuals whose personal information is involved in a data breach that is likely to result in serious harm.
... read moreTax Services & Al
Recently the ATO commissioner Chris Jordan said a practice built on supplying “simple returns” needs to look at their business model. The ATO’s free products have come under fire by high volume tax agents, however, this is exactly the area where artificial intelligence will likely dominate and human intelligence may not be required.
... read moreDo you use your car for work or in your business?
YES? ... You should speak with us here at Paris Financial about claiming this in your Income Tax Return. But, be aware that the ATO have strict rules about what and how car use can be claimed.
... read more