Property - Townshend & Associates

Home attached to your business? Better read this

September 19, 2018 | Accounting, Budget, Business Advisory, Equipment and Vehicle Finance, Financial planning, Mortgage Brokering

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 […]

Have a short-term rental? The ATO may know

August 16, 2018 | Budget, Individual tax

According to the ATO their are approximately 190,000 properties available for short term rentals such as Airbnb, using their “data matching” capabilities they shall be querying any understated or omitted income from owners. Therefore, it is vital that you have up to date and comprehensive record keeping so that all income and deductions can be […]

What it’s worth?

June 18, 2018 | Accounting, Budget, Business Advisory, Equipment and Vehicle Finance, Financial planning

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 […]