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 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.
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 Preparing Your Business for Finance: What a Lender May Need to See Finance preparation starts with an accurate picture of the business and a clear borrowing purpose. Historical results, current records and realistic forecasts each have a role.
news What Should an Annual Accounting Relationship Cover? An annual accounting relationship should make responsibilities clear. The services available, the work included and the support provided during the year are separate questions.
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.
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.
