tax Understanding GST: Questions Business Owners Should Raise With Their Accountant GST deserves attention beyond the next BAS. Changes in activities, customers or significant transactions can affect registration, pricing, purchase credits and cash flow.
business Selling a Business or Commercial Property: Why Tax Planning Should Start Early The sale price is not necessarily what you will have available personally. Early tax planning helps clarify the transaction, its timing and the proceeds you can realistically expect.
business Buying Commercial Property for Your Business: Accounting and Tax Questions to Consider Buying premises and choosing who should own them are separate decisions. Consider the commercial purpose, funding, GST and ongoing responsibilities while key terms remain open.
business Moving from a Trust to a Company: What Business Owners Need to Consider Moving a business from a trust to a company is not a routine upgrade. Start with the reason for the change, who will own the company and what the transition would involve.
business Taking On Your First Employee: Financial Responsibilities to Plan For Employing someone involves more than funding their wage. Understand the ongoing commitment, confirm the employment terms and establish who will handle payroll and related responsibilities.
business Partnership vs Company: Key Differences for Australian Business Owners A partnership and a company create different relationships between owners, assets, profits and responsibilities. The appropriate arrangement depends on how the business will operate.
business When Is It Time to Review Your Business Structure? A structure review should start with what has changed in your business, not a preferred entity type. Ownership, new activities and future plans are useful starting points.
business Changing Accountants: What to Consider Before Making the Move Changing accountants starts with understanding what your business needs. Assess the proposed relationship and resolve continuity questions before deciding to move.