Overcoming the biggest problems in business often comes down to the simple things. Here are a few simple things you can do to capitalise on your opportunities and reduce your risks in 2013/2014. “I didn’t get time to…” No more excuses Most people simply don’t set aside...
Get your health & hygiene tax list together There are lots of little things that need to be attended to that can add up to tens of thousands of dollars in tax savings. Writing off bad debts, maximising stock valuation outcomes, declaration of bonuses and director...
1. Deductibility of superannuation contributions To claim a tax deduction for super contributions as an employer or as an individual, the payment needs to be received by the fund before 30 June. Merely incurring a liability will not work. 2. Have you paid your minimum pension balance...
One of the benefits of operating a business through a private company is the ability to access a flat 30% tax rate on profits. However, shareholders often forget that the 30% corporate tax rate is only intended to apply while the profits are being used...