With the End Of The Financial Year on the not so distant horizon, it’s a good time to organise your financial affairs and assess whether your investments are structured to give yourself the best tax advantage.
After going over endless details of starting your own business, you're finally ready to make your dreams a reality, but you don't want to go at it alone. Like any other form of business, a partnership business has many pros and cons.
A business with good systems in place will know when a cash crunch is coming and will be ready for it. Unfortunately, most SMEs are not as well organised and, when a problem occurs, it tends to hit them right between the eyes.
The Abbott government has bypassed upper-house approval to reintroduce the twice yearly indexation of fuel excise -- a measure frozen by the Howard government -- in a move that will increase input costs for many small business owners.
The Australian Taxation Office is encouraging self-lodgers who are yet to hand in their tax return to use myTax, the revenue collection agency’s new streamlined system designed for those with straightforward tax affairs.