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ATO targets GST in 2014 compliance program

The ATO’s compliance in focus program for 2013-2014 is a document that sets out what the ATO is doing to manage the risks and maintain the integrity of Australia’s taxation and superannuation system for the next 12 months. The Compliance in focus in not an exhaustive...

Share investments and your tax return

Using your money to try to make more money or gain assets is called investing. Profits or returns you make on your investments usually become part of your income for tax purposes. Many expenses relating to your investment are tax deductible – for example,...

Profit from a Falling Aussie Dollar

The Australian dollar has come under pressure since April this year. First, the Aussie dollar pushed through parity now the Australian dollar is currently trading at .91 US dollars at the time of posting. Falling commodity prices, a higher than expected budget deficit...

Protect your assets by setting up a trust

If you are considering setting up a trust structure to better protect your assets, it’s worthwhile thinking about what type of structure will best suit you and your assets. Each structure has it’s advantages and disadvantages and if not correctly set up, can have...

Public relations in the digital years

Public Relations (PR) is a field of marketing communications which concentrates on developing and maintaining a public image. Smart organisations have initiatives in place to encourage, maintain or restore their image in the public eye. In the past, creating a new PR...

5 tips on using Instagram for your business

Instagram is a fun and quirky way to share your business with followers through a series of pictures. With over 100 million active users, Instagram, which has been acquired by Facebook, is an attractive platform for businesses to promote their services and products....

The power of Statutory Demands

What is a Statutory Demand? A Statutory demand is a powerful business debt collection tool served on a debtor company by a creditor. Commonly used by the Australian Taxation Office, Workers Compensation Insurers and trade suppliers, a Section 459 Statutory Demand...