The government has introduced Single Touch Payroll (STP) and it works by sending tax and super information from your payroll or accounting software to the ATO as you run your payroll. Small employers (19 or less employees) must commence using STP from 1 July, 2019. If you’re a micro employer (4 or less employees) or have...More
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Business MeetingNaushee Rahman is the Director of the Advocacy and Strategic Projects team at the NSW Small Business Commission. The team advocates for better access to finance for small businesses, supports them in times of disruption or emergency, such as flood, fire or drought and by making it easier to do business by reducing...
A suitable business structure can be of great benefit with asset protection or tax effective outcomes. Changing structures unnecessarily or with poor timing can be very costly to you and your business. The most effective structure should also incorporate succession planning so your business structure is established not just for today but...More
The economic value of your interest in the business is measured in certain circumstances and requires a specific method of valuation. Selling a business, or a part-ownership, would generally mean a valuation is required as would a divorce or tax dispute or other legal matters. If you’re considering the purchase of a business,...More
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