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 Tax Planning Before 30 June: Questions Worth Raising Early A useful tax planning discussion considers the expected result, cash requirements and decisions ahead. It is not simply a search for expenditure before the financial year ends.
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.
tax What Is Personal Services Income? When Business Owners Should Seek Advice Personal services income mainly rewards an individual’s efforts or skills. Identifying it is different from deciding whether the PSI rules apply to the business’s arrangements.
business When Business Ownership Changes: The Financial Matters Worth Considering Early An ownership change involves more than updating names or percentages. Clarify what is changing hands, how payments will be funded and which responsibilities will continue.
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.
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.
