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Compliance

What Is A Family Trust And How Do They Work?

What is a trust? Imagine this. It’s 1813, you’re Winona Ryder   Natalie Portman Keira Knightley, you’ve got 6 little sisters & no brothers. Your dad Donald Sutherland, an aging middle-class man has a double block with a bit of a fixer upper on it.  The current law says women can’t own property (or do pretty…

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10 Tips To Tame Your Tax

It’s tax time again. Here’s 10 tips to tame that tax tiger this year.. Keep receipts You’d be surprised the number of times we’ve heard “but we don’t have the receipts”. C’mon people it’s 2019. Whip out your phone, take a photo of them. Recycle the paper. You can’t claim the deductions unless you can…

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4 Common Mistakes Small Business Make With The ATO

Tax is in Australia is complicated, that’s why we have one of the highest rates of tax agent dependence in the world, but even that doesn’t stop these mistakes from happening and with the tax office’s super smart algorithms tracking your every interaction and building a risk profile about your business and its directors, you…

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