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Many business owners commence operation as sole traders because it’s the easiest and cheapest way to get your business started. However, as your business grows, you take on several employees…

The ATO has admitted that there have been some ‘teething problems’ with the introduction of SuperStream which is a government reform designed to improve the efficiency of the superannuation system.…

Franchising is certainly big business in this country with sales turnover of $144 billion. The Franchising Australia 2014 Report tells us that there are 79,000 franchisees operating in Australia employing…

​It is estimated that one in fifteen small businesses fail because of inaccurate or poor record-keeping. The ATO’s record keeping requirements have a dual purpose, tax collection being the primary…

In the digital age if your business isn’t going forward, it’s actually going backwards. Put another way, serial entrepreneur Creel Price says, “In business you are either green and growing…

From 7.30pm AEST on 12 May 2015 up to 30 June 2017, all small businesses (with an annual turnover less than $2M) will be permitted to claim an immediate tax…

For those of you that aren’t aware, the 2015-2016 Federal Budget was handed down last Tuesday night, 12 May 2015, and most people acknowledge that the big winner from the…

Self-managed super fund assets in Australia now exceed $557 billion which represents 30.1 percent of total superannuation assets under management. Former Prime Minister Paul Keating, the architect of Australia’s compulsory…