FRCGW Clearance Certificates represent one of the most critical compliance requirements affecting small business property transactions in Australia today. With recent changes eliminating the $750,000 threshold and increasing withholding rates to 15%, every property sale now requires careful attention to Foreign Resident Capital Gains Withholding (FRCGW) obligations. These changes are creating significant challenges for small…
Day: August 13, 2025
The Fixed Rate Method: How to Record Home Office Expenses in Your Small Business Books
The Fixed Rate Method offers small business owners a streamlined approach to claiming home office expenses, allowing you to claim 70 cents per hour for each hour you work from home rather than tracking individual costs. This simplified system eliminates the complexity of calculating specific utility bills, internet expenses, and other running expenses while ensuring…
