Pat Mannix from Paris Financial talks about Trading Trust Structures and gives a great example of a clients situation he had come across. Could a Trading Trust Structure be the right structure for you? Come and chat to the Small Business Tax Champions at Paris Financial!
When the compulsory SG contribution payments are increased to 10%, you will need to alter your payroll systems to pay the new increased rate to your eligible employees.
Budget 2021 – There’s something for everyone! Big Cash Flow for Business Investments in Assets, Reduced Company Tax Rate, Low Income Offset to Continue, Residency Rules more objective, Positive Superannuation Changes and more! Pat Mannix of Paris Financial chats about what you need to know from the 2021 Budget.
Are you thinking about starting a Partnership?
Let’s look at the advantages and disadvantages to consider when setting up a Partnership Structure and the tax benefits associated. Having a Partnership Structure has its benefits, but how do you know when it’s time to move to a different business structure?
Are you thinking about becoming a sole trader? Want to know the advantages & disadvantages of setting up as a sole trader structure?
Being a sole trader has its benefits, but how do you know when its time to move to a different business structure? If you’re operating as a sole trader you need to be aware of ‘unlimited liability’ and how that effects you.
JobKeeper 1.0 was set to discontinue after September 2020, however the second wave of the Coronavirus means that the Government has come out with a second wave – JobKeeper 2.0.
JobKeeper 2.0 has some significant changes to the level of support for the December and March quarters. Find out what changes you need to be aware of..
Job Keeper is a tremendous help to small business at this time of crisis, but how will the future look after Job Keeper has ended?
It is important to be aware of the potential future hardships your business will face, and the hard decisions that come with them.
Here is a worked example of the government incentives for COVID-19 based on an employee earning $60K pa.
Here is a worked example of the government incentives for COVID-19 based on an employee earning $60K pa.
We outline the Federal and Victorian support and assistance that is available to small business owners.
We outline the Federal and Victorian support and assistance that is available to small business owners.
Positive changes have been made to the COVID-19 Stimulus Packages that effect Small Business Owners.
Our advice is to only register for GST when it is completely necessary if you run a retail business. Your customers will thank you for it.
Looking after your employees is crucial for success.
