How to Choose a Good Bookkeeper

An expert bookkeeper makes a significant difference to your business as well as its success. When searching for a bookkeeper, do not just follow geographical convenience. Make sure they are expert in tax laws for your business instead of their base location. Select your bookkeeper wisely. Look for proactive bookkeepers who actively engage with the… Continue reading How to Choose a Good Bookkeeper

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Directors Beware

Triggers Prior to the 2012 changes to ATO enforcement powers, directors with companies that were financially struggling would simply fail to lodge BAS and other returns. The ATO couldn’t chase or issue notices for what they didn’t know was outstanding. Tax debts were down the priority list of creditors and could be easily held at… Continue reading Directors Beware

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Increasing Tax Planning: A Case of a Wolf in a Sheep Skin?

The effects of tax avoidance and tax planning on the society has been a controversial issue for a long time yet governments the world over still have difficulty addressing it. It is believed that all these started from the beginning when business agreements were written by the government or associates of government to favour their… Continue reading Increasing Tax Planning: A Case of a Wolf in a Sheep Skin?

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Divorce And Taxes Part 1

Support Payments Distinguishing Alimony from Child Support In the context of a divorce or separation, one spouse may be required to make support payments to the other. The tax consequences of these payments depend on whether the support is intended for the recipient spouse or for the children who are in the custody of the… Continue reading Divorce And Taxes Part 1

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