SMSF succession planning part 1 – getting started

 

Part 1 examines the key characteristics of a sound SMSF succession plan including planning for control of the fund to pass into trusted hands in the event of a member’s death or loss of capacity.

 

Most Popular Operating Systems 1999 – 2022

Check out the most Popular Operating Systems 1999 - 2022

Unregistered or Registered Trade Marks?

Trade marks are a form of intellectual property protection your business can rely on to distinguish yourself from your competitors. Likewise, you can use trade marks to clearly differentiate your goods and services from your competitors.

How to read a Balance Sheet

It’s common for small businesses to struggle when understanding their financial data.  Cash flow needs and a Profit and Loss statement are analysed more often a business owner and so, understood better.  

ATO warns businesses on looming TPAR deadline

The ATO is reminding businesses to lodge their tax payable payment annual report by 28 August after issuing around $9 million in penalties in the five years to 2023.

 

Government urged to exempt small firms from TPB reforms

The lower risk profile of small practices means they should not face the same scrutiny as larger ones, the NTAA says.

Millions of landlords the target of expanded ATO crackdown

 

The Tax Office will acquire property management records to clamp down on taxpayers misreporting rental income and deductions.

Scam alert: fake ASIC branding on social media

The Australian Securities and Investments Commission (ASIC) has issued a scam alert warning consumers that there has been an recent increase in the use of ASIC’s logo in social media scams. ASIC’s warning to consumers covers three main areas of concern.

Time for a superannuation check-up?

The new financial year has begun, and with it have come some important changes to superannuation from 1 July 2024. With these changes coming into effect, it’s a good time to give your super a check-up.