Cars and taxes for 2020-21 financial year
New car threshold amounts will be implemented from 1 July 2020. Understanding the new thresholds and how they may affect your small busine..
Carrying on a business in an SMSF
Self-managed super funds can carry on a business providing the business is allowed under the trust deed and operated for the sole purpose ..
What to consider before opening another business location
Expanding your business to open in multiple locations can offer more opportunities and profitability. However, managing one location can b..
Landlord tax obligations under COVID-19 circumstances
Property investors may have a number of tenants that have temporarily paused their rent payments or are not paying the full amount of rent..
How to transfer a business property into your SMSF
Employers with a self-managed super fund (SMSF) looking to protect their business assets can consider transferring their business real pro..
How your business can benefit from flexible workplace arrangements
Businesses working from home due to social distancing restrictions can take the opportunity to learn from the experience and consider new ..
Avoiding bad debts from your clients
Running a business is challenging enough, and having to deal with bad debts can add an unneeded layer of stress for you and your team. The..
Claiming self-education expense deductions
Individuals upskilling and educating themselves during these down times may be eligible to claim a deduction for their self-education expe..
Divorce and splitting your SMSF assets
Running an SMSF under regular circumstances comes with enough compliance obligations as it is. Adding divorce or separation into the equat..
Options to consider before declaring bankruptcy
Businesses struggling with debt may feel like declaring bankruptcy is their only option. Premature bankruptcy is an unfortunately common s..