Tax Free payment to assist businesses to pay wages Eligibility The payment will provide cash flow assistance for businesses: with a turnover of less than $50 million that employ staff, between 1 January 2020 and 30 June 2020. How it works Businesses will receive an amount equal to 50% of the […]

Principles you can apply to counting Trading Stock and Fixed Assets Businesses should stocktake on a regular basis, as well as annually at the end of the financial year.  An accurate stock count and subsequent valuation provides accurate figures for the business’ regular management accounts as well as the year-end […]

In this interview Noel talks to Kaz from Everyday Property Investing about how to maximise your returns at tax time when it comes to property investing. They talk about: What records to keep What you can and cannot claim The difference between repairs and capital expenditure Property related expenses such […]

In this interview Noel talks to Kaz from Everyday Property Investing all about self managed super funds and buying property in your self managed super fund. They cover the basics right through to the more complex issues associated with SMSF: What is a self managed super fund When would I […]

Any business that provides refurbished products in lieu of a repair, or uses refurbished parts in repairs must provide a notice before the repair is commenced including the following text:  ‘Goods presented for repair may be replaced by refurbished goods of the same type rather than being repaired.  Refurbished parts […]