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Things to do before June 30

The end of the financial year is fast approaching and there are a range of taxation issues that businesses have to consider. It is important that you are aware of these issues and get everything in order before 30 June 2015. ATO tax obligations Take care of any ATO...

Review your SMSF Investment Strategy

Not only is an Investment Strategy mandatory for all SMSF it is critical to ensure that your superannuation fund maximises the return on its investments and minimises its investment risks. SMSF Investment Overview Many SMSF that do not have an adequate investment...

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...

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...

Do you Need an Agreement or a Deed?

In deciding whether to select an agreement or a deed it is important to understand what each of the documents are. An agreement is also known as a contract. An agreement can either be made orally or in writing. In order to have a legally enforceable contract in law,...