Business Audit
When you’re at the stage of asking this question, it’s often the case that there’s no right answer. Many businesses will start out as hobbies, and there will be a point when you could say it’s either. Your accountant can help you consider the differences in the characteristics of commercial business and a hobby to make sure you’re lodging your taxes correctly.
Read More →
Allowances are separately identified payments made to an employee to cover expenses they incur while performing their role. Allowances paid in conjunction with normal salary and wages are not treated separately for PAYG withholding, but can still have special treatment in the eyes of the ATO.
Read More →
Buying an existing proven business can be easier than starting from scratch – an established business has brand awareness, a (hopefully happy!!) customer base, regular suppliers and immediate cash flow.
Read More →
The sharing economy describes an emerging social concept that connects people via the internet to those who will share services for money.
Read More →
Directors are legally responsible for ensuring that their company meets its pay as you go withholding, GST and superannuation obligations. If a company fails to comply with their obligations, company directors are held personally liable for the amount the company should have paid.
Read More →
Negative gearing is one of the most misunderstood concepts in tax and is something commonly said in the media without any real explanation. Simply, gearing is “borrowing to invest”.
Read More →
The chief reasons for the popularity of SMSF’s include control over assets,
tax benefits associated with superannuation, flexibility in funding retirement, potential cost savings by eliminating trustee and portfolio fees & estate planning opportunities.
A good accountant is an invaluable resource. Here are our tips to ensure you choose the right accountant for your business.
Read More →- « Previous
- 1
- …
- 14
- 15
- 16
Bookkept offers expert accounting, compliance, and business advisory services to small and medium businesses in Melbourne & Australia-wide, specialising in Xero/MYOB and strategic growth solutions.
Call: (03) 8568 3606
Email: info [@] bookkept.com.au