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STRUCTURING YOUR BUSINESS

STRUCTURING YOUR BUSINESS – Decisions made now affect you later As Shakespeare said hundreds of years ago nothing is as certain as death and taxes.  Even the immortal bard could not have forseen the amount of change that occurs in the tax system each financial...

MINIMISING ACCOUNTING COSTS

MINIMISING ACCOUNTING COSTS We would like to take this opportunity to provide you with information that will assist you in minimising accounting costs. Especially now that the GST has created the need to maintain better records and the need for more regular reporting...

MANAGING PAYROLL

MANAGING PAYROLL Managing payroll can be time consuming, stressful and expensive. If mistakes are made in calculating legal entitlements, especially to the tax office serious repercussions can follow. We provide a complete payroll system which calculates: Tax...

PARTNERSHIPS ARE LIKE MARRIAGE

PARTNERSHIPS ARE LIKE MARRIAGE If you are thinking of setting up in partnership with some business acquaintances and then using that partnership to operate a business, it is essential that you have a Partnership Agreement in place from day one.It’s A Rule Book...

TYPES OF ENTITIES OR STRUCTURES

TYPES OF ENTITIES OR STRUCTURES There are five basic structures to consider: Companies; Trusts; Partnerships; Individuals (sole traders); and Superannuation Funds It is possible to combine these basic structures where complex structures are required. Business entities...