Why set up a business in Australia?

There are a number of reasons to start up a business in Australia. The following article will highlight some of the advantages of setting up a business in Australia. Set up a Business Now! Developed Country Australia is one of the most developed and wealthiest...

SMSF: Are You a Disqualified Person?

The Commissioner of Taxation recently released the annual report for 2013-14 which highlighted an alarming increase in the number of Self Managed Super Fund (SMSF) trustees that were declared disqualified persons by the ATO. A disqualified person is prohibited from...

Update your Accounting System

Cash flow management is one of the most important aspects in running a business. The right accounting system assists in cash flow management, however, many small business owners still use an Excel spreadsheet to monitor financial performance and don’t utilise the...

Non-commercial Losses Explained

If you conduct a business activity as an individual or as a partner in a partnership that resulted is a loss you may be able to offset those losses against your income from other sources, for example wages. The losses cannot be offset against other assessable income...

How to Mobile Optimise your Website

In the past few years it is evident that mobile internet usage has vastly exceeded desktop internet browsing, although surprising that 60% of Australia’s leading businesses don’t have a mobile-friendly website. The desktop version of your website should be readable...