ATO: Common GST mistakes
From the ATO: When reporting GST: make sure the timing is correct, and report for the correct tax period check the figures to avoid accidental miscalculations and simple transcription errors ensure your clients can substantiate their claims for GST credits check there is a creditable purpose, so your clients do not claim GST for goods […]
Home attached to your business? Better read this
Cross-posted from mybusiness.com.au An insolvency specialist is warning business owners to be alert to the risks associated with falling property prices, given the family home is often used as security for business finance. Trent Devine, a partner at Jirsch Sutherland, suggested that the huge boom in values – particularly on Australia’s east coast – has […]
What it’s worth?
Value as a topic is fascinating and all of us need it, use it and perhaps earning a living measuring, selling or consuming it. So diverse and complication that I could not possibly write a complete nor accurate depiction of value pleasing everyone. It is a concept which helps defines us as a civilisation and […]
Business Advisory
We work with people and businesses in the following areas: Buying and selling businesses. Financing for business (Short and long term). Business formation including ASIC registrations. Bookkeeping. Business and accounting software advise and implementation. Tax and financial statements. Cost and managerial accounting. Company secretarial services.