Pat Mannix Archive

TaxThe Great Australian Nightmare Series

It’s known as the Great Australian Dream, owning your own home. For growing small businesses, owning your own home by aggressively paying home loan debt is the quickest way to lose money and the dumbest thing you can do.

Small Business Tax AdviceTax

If you have made the plunge and found a bookkeeper with scrupulous loyalty and high attention to detail like Walter Payne then you’ve got the main key to the financial side of your business. Counter to engaging a God Like bookkeeper who you trust with all your business finances there is always the chance that you have employed the Devil Incarnate.

Small Business Tax AdviceTax

Ok got that paranoid defensive argument documented, lets move on. So we left off in PI-1 with you putting in a claim for PI Insurance. The shiny salesperson who sold you the insurance has flicked your claim to a set of specialist lawyers. The Wolf has entered the story. 

Small Business Tax AdviceTax

Most small businesses will take out Professional Indemnity Insurance, but should you need to make a claim – watch out – you are in for a street fight!

Small Business Tax AdviceTax

You better be ready Mr or Mrs Business Person because New data breach rules come into effect from 22 February 2018. These rules place an onus on business to protect and notify individuals whose personal information is involved in a data breach that is likely to result in serious harm.

Tax

Recently the ATO commissioner Chris Jordan said a practice built on supplying “simple returns” needs to look at their business model. The ATO’s free products have come under fire by high volume tax agents, however, this is exactly the area where artificial intelligence will likely dominate and human intelligence may not be required.

CryptocurrencyTax

A cryptocurrency is a digital or virtual currency that uses cryptography or encryption for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Tax

If your innovative idea has real legs for commercialisation in business then the government has set up a tremendous incentive for venture capitalist investors. It’s a sign our politicians are wanting to support the innovation of entrepreneurial Australians and it’s also an indication of the global vision of these entrepreneurs. 

SMSF

30 June 2017:  The wide-ranging superannuation reforms come into effect on 1 July 2017. With the changes come a series of issues that Trustees need to be across, even if they don’t immediately affect you or your fund:

Why you landed here

Phillip Anthony Partners joins Paris Financial East Melbourne

We are pleased to share that the team at Phillip Anthony Partners have merged with Paris Financial. Our team at Paris Financial can provide you with a large range of quality financial services with over 65 people located across two convenient locations in Blackburn and East Melbourne.

Paris Financial shares the same philosophy as Phillip Anthony Partners of providing a value focused and high quality service for each of our clients. We look forward to assisting with your accounting needs.