Understandably, there is a lot of hype around negative gearing. It is a highly beneficial investment strategy, after all.
Asset protection is vital, because you have no idea what troubles your small business could run into down the line.
Previously, offshore sellers of Australian commercial accommodation had been exempt from the rule.
The amendments are not only retrospective but go beyond purely vacant land.
There are a variety of business structures available in Australia, and each can make a significant difference to your future.
With interest rates at record lows and competitive deals on offer, switching to a new loan or lender may be an appealing prospect.
If the ATO has queries or suspects something is not right, you need to be able to respond.
Saving as much tax as possible is one way to give your business a greater chance of success.
Christmas parties are considered to be “entertainment benefits”. Therefore, the expenses may be subject to fringe benefits tax (FBT).
Over the busy holiday period, many businesses will begin to use more cleaning and courier contractors to cope with heavy demand.