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18
Apr

Small Business Restructure Rollover – What It Means For Your Business

Last month the Federal Parliament passed legislation that will allow small business owners to restructure their business without a tax penalty.

18
Apr

Negative Gearing: Potential Changes Ahead

Negative gearing is hugely popular for property investors in Australia due to the associated tax benefits. Recently the government has suggested negative gearing will be part of impending tax changes.  The proposed policies are outlined below.

18
Apr

Lease Incentives For Hospitality Businesses

Finding the right commercial premises for your restaurant or cafe can be a long drawn out process and when it is finally identified, the accounting, tax and cashflow implications of entering into the lease agreement are often misunderstood or not fully considered.

18
Apr

FBT And Salary Packaging Arrangements

It is the end of the FBT year and as you are no doubt aware the FBT rate increased from 47% to 49%, which in turn impacts Type 1 and Type 2 gross-up rates. This rate will also be utilised for the year ended 31 March 2017.

21
Mar

SMSF Succession And Property – What You Need To Know

A key benefit of establishing and operating a Self Managed Superannuation Fund (“SMSF”) is the ability to make investments which are not available through retail or industry funds, such as property acquisition.  We have previously discussed limited recourse borrowing and the associated rules with this strategy.

21
Mar

Why Business Owners Should Care About Process Improvement

As a business owner you may be thinking - why should I care about process improvement and for that matter, why should I care about processes at all?