Legal Tips for your Business Online

In today’s internet era it is common for organisations to have an online presence, such as a company website or social media platforms. It is important to remember that your organisation has legal responsibilities online, just as it does offline. Here are some legal...

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...