Blogs & Resources

31 July 2019

Difference between tax minimisation (tax planning) and tax evasion?

Tax evasion is illegal while tax minimisation (tax planning) is not.Tax evasion typically involves Individuals, Companies, Trusts and Superannuation Funds miss …
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30 July 2019

What are the advantages and disadvantages of operating a business / investments as a Sole Trader?

As they name suggests it is a business / investment entity that is owned and run by one individual.  There is no distinction between the owner and the busi…
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28 July 2019

What is a Business's Cash Runway?

The Cash Runway is also referred to as a Business Burn Rate.The Cash Runway is a critical Key Performance Indicator (KPI) for new or start-up businesses. I…
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25 July 2019

What are the benefits of a business owner purchasing their business premises inside their Self Managed Superannuation Fund (SMSF)?

Many business owners hold their business premises inside their SMSF.  As a result, the following outcomes can be achieved:Tax effectivenessThe business pay…
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21 July 2019

What is your Business's Lockup and how is it measured?

Lockup is the combination of your Work In Progress (WIP) and Debtors.  It is the amount of days taken to convert your WIP and your Debtors (Receivables) in…
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9 July 2019

Taxation Update - July 2019

Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:1.  ‘Cash in hand’ payments to work…
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30 June 2019

How to calculate your Break Even Point.

The Break Even Point is a crucial measurement for business and is often over looked.Your Break Even Point is essentially: 1.    The point of zero…
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20 June 2019

9 things to consider for 2019 tax planning.

That time of year has arrived again.  Businesses and Individuals should be reviewing their affairs to ensure the best possible tax outcome for the 2019 fin…
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11 June 2019

2019 Taxation Checklist for Businesses and Individuals

Please subscribe to our newsletter for our 2019 Taxation Checklist for Businesses and Individuals, where the following is discussed:1.  Tax saving strategi…
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6 June 2019

Taxation Update - June 2019

Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:1.  Single Touch Payroll Update2.  Employe…
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2 June 2019

Tax Planning – Review your Fixed Asset Register; Stock Ledger; Debtors Ledger.

These three asset categories all can affect your profit and loss and therefore your taxable income. You should review your Fixed Asset Register to see if t…
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29 May 2019

Tax Planning - Genuine Redundancy Payments

Genuine redundancy payments can be made to company directors or related party employees.  If these dismissals are not arms-length the genuine redundancy pa…
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25 May 2019

The benefits of Income Splitting for your tax.

This involves evening up the marginal tax rates between family members.  Tax is saved if income can be moved from the family member in the highest tax brac…
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20 May 2019

What is a Pedigree Trust?

A pedigree trust (also known as a linear descendants discretionary trust) is a type of discretionary trust established to ensure that the property of the trust …
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13 May 2019

Taxation Planning - Moving money into lower tax structures.

By having or moving income producing assets or capital gains producing assets into a comparably lower tax environment will reduce your taxation exposure.Using t…
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12 May 2019

Taxation Planning - Deferring capital gains events.

Managing the timing of a capital gain event can defer the tax payable on the event for a substantial period of time.  It may also reduce the amount you eve…
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