How To Calculate Capital Gains Tax: Bookkeeping Records to Keep When Selling Business Assets is about keeping the right records so Capital Gains Tax (CGT) can be reviewed properly when a business asset is sold. Clear bookkeeping helps your accountant check the capital proceeds, cost base, capital losses, taxable gain and possible net capital gain…
Day: July 2, 2026
How Your Business Remuneration Strategy Affects Medicare Levy Surcharge Exposure
How Your Business Remuneration Strategy Affects Medicare Levy Surcharge Exposure matters because the way you pay yourself can affect whether you pay the Medicare Levy Surcharge. For business owners, the issue is often not just taxable income, but the mix of salary, reportable benefits, family income, investment losses, and other amounts counted for Medicare Levy…
