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The new “consumer” rules for GST and online purchases

Australians have been taking full advantage of the offerings on the digital marketplace with gusto for years now, but it has only been relatively recently that the rules for goods and services tax (GST) have caught up. With the purchase…
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Alternatives to a tax invoice for certain GST credit claims

Tax invoices are an essential element of Australia’s taxation system, and serve both to collect taxation revenue related to the goods and services on which GST is levied as well as record the credits that are claimable by eligible businesses. A business…
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COVID-19 Finance Update Webinars

Are you worried about the implications COVID-19 could have on your personal or business loans? Are you looking to refinance to get over this difficult time? In case you missed our webinars on these topics, we have provided you with the recordings. …
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What can you tell your employees about super?

It’s a common question asked by employees: “what should I do about my super?” If you are an employer or manager and feel confident of your knowledge of superannuation and investment, it can be tempting to give an answer. However, just…
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Succession planning for family businesses

For most family businesses as well as private groups, succession planning (sometimes known as transition planning) involves considerations around the eventual sale of your business, or the passing of control of it to other family members when…
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The approach to tax when you’re working from home

If you produce assessable income at home, or some of it, and you incur expenses from using that home as your “office” or “workshop”, the ATO will generally allow that a taxpayer could be in a position to be able to claim some expenses…
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Eleven Financial Fundamentals Every Small Business CEO Must Know

Regardless of the size of the business, the ultimate responsibility for success lies with the CEO. If you're a small business owner, that's you. And the most critical CEO tasks that result in success or failure lie in the knowledge and practice…
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Six things to do now to make tax time 2020 a little less taxing

New decade, new me? We’re more than two weeks into the New Year now and the countdown clock to tax time 2020 has already started ticking. It’s going to be a big year for SMEs in the tax domain, with some changes on the cards heading…
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CGT concessions: Does your business qualify?

Wondering if you’re eligible to claim the CGT concessions can be settled by answering a few basic questions. In addition to the capital gains tax (CGT) exemptions and rollovers available more widely, there are four additional concessions…