Every small business owner needs to know whether they are an Australian resident for tax purposes because that single decision shapes every other part of their bookkeeping and final tax return. Get it right and you can claim the full tax-free threshold, plan for capital gains, and keep the Australian Taxation Office happy. Get it…
Category: News
Stamp Duty in NSW: What Small Businesses Need to Record and Report
Stamp duty in New South Wales (NSW), commonly known as transfer duty, is a key consideration for small business owners who buy property, invest in commercial assets, or insure their business. For many, managing the costs of stamp duty, understanding the rate calculations, and keeping the right records can feel overwhelming. This guide is designed…
Why Your Small Business Needs an SMSF Accountant: Compliance, Bookkeeping, and Tax Advantages
Why your small business needs a Self-Managed Superannuation Fund (SMSF) accountant starts with understanding that managing retirement savings while running a business can feel overwhelming. Between staying on top of complex compliance requirements and understanding constantly changing regulations, small business owners often find themselves struggling to balance day-to-day operations with long-term financial planning.An SMSF accountant…
Are You Eligible for the Lower 25% Company Tax Rate?
Many business owners in Australia want to know if they can access the lower 25% company tax rate and reduce their corporate tax bill. This article explains how to check your eligibility, what rules apply, and how careful financial planning can help you pay tax at the most favourable rate. You’ll find practical advice on…
