News

The Fall Guy

We want nothing of any value in the fall guy’s name. Absolutely nothing! It’s not a perfect world. Bad things sometimes happen to good people. So if a business falls over the fall guy can go with it but hard earned assets built along the journey MUST be fully protected.

GST On Property - Will It Affect You?

There have been some changes to how GST on new properties is accounted for. These changes are now law, coming in as of 1 July 2018. We are now seeing a number of clients asking how this will actually work.

What Do You Need to Know About Airbnb?

So, there are extra rooms that you don’t use and it’s just occurred to you that the extra cash that could come in from renting a room or two on Airbnb outweighs the negatives of having a complete stranger in your home...

OK, what do you need to be aware of?

2018 Tax Checklists

We have taken the time to prepare comprehensive Tax Checklists for 2018, designed to guide you in providing all the correct and relevant information to maximise your tax return.

ATO Changes for Building and Construction Service Clients

If you are running a business primarily in the building and construction industry and you make payments to contractors for building and construction services, you will need to lodge a Tax Payments Annual Report.

It's All Your Fault - Part 2

I LOST ALL OF MY LIFE SAVINGS. The truth: it was all my fault and I had to take full responsibility because it was small business.

What Will The ATO Audit This Year?

It can often be difficult to know where exactly the tax office are going to be focusing their audits. As it is the start of a new financial year, I thought I would provide some insight into where the ATO will be pointing their guns in 2018/19.

Company Disaster

We are talking today about business structures and in particular the disaster that is companies when running a small business. We need to go back in history and look at the year 1999, the Federal Government of that year changed the rules on small business.