As the end of the financial year approaches, many Australians begin to think about tax planning strategies. While there are a number of different strategies that can be used to minimize tax liability, some may be more…
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So you want to hire a bookkeeper? If you’re like most business owners in Australia, you probably wear a lot of hats. You may be the marketing director, the salesperson, the accountant, and the HR manager. And…
What are crypto tax obligations? Before we get to what your crypto tax obligations are, let’s see what cryptocurrencies are? Cryptocurrencies are digital or virtual tokens that use cryptography for security. Cryptocurrencies are decentralized, meaning they are…
The discretionary trust is made easy. There are a few different types of trusts that you can set up for your estate planning needs, and one of the most versatile is the discretionary trust. This type of…
Cashflow forecast made easy Now more than ever, businesses should consider preparing cashflow forecasts. This will give you an indication of your future cash position and help you to avoid any nasty surprises. There are several different ways…
What is Fringe Benefits Tax? Fringe Benefits Tax (FBT) is a tax paid by employers on certain benefits they provide to their employees. The cost of these benefits is generally included in the employee’s taxable income. When…
