Business

Bookkeeping is the foundation of every business and it creates the foundation for making more educated decisions about your business. It is the starting place for understanding exactly how much money you have received, how much money you have paid out and is there any money left – a “Profit or Loss”.

In order to have some structure around this record keeping many people use accounting software. The software has its own structure called a Chart of Accounts. Nothing technical here, it just means the buckets that all the transactions are put in to. Getting this allocation process right is not difficult but needs to be consistent so that come tax preparation time we, as your trusted adviser, can prepare your tax return/s easily.

Business Basics The ATO has developed a decision tool that helps payers in the building and construction industry determine whether a worker is engaged as an employee or independent contractor. It will give a decision based on answers to some simple questions.	ABN + GST From 1 July 2008, claims for all refunds must be made within four years of the end of the tax period they relate to. The four year time limit also applies to the ATO revising your activity statement.You may have a refund due as a result of an amendment related to .
Capital Gain Tax(CGT) Baby boomers, small businesses and CGT, Concessions for “Small Business Entities”. Eligibility for some of these concessions will be dependent on satisfying some additional conditions. Start planning your tax effective business plan now.	Company Registration You can register your Pty Ltd company (often referred to as a “shelf company” online using our online application process.To register your company simply complete the online form. we supply your company and attends to all your taxation registration requirements
Domain name Getting the domain name is easy. We help you select and register the right domain names with easy to use registration and account management tools. Our Names By Request service will let you know when the domain name becomes available for registration – for free!	SMSF People searching for tax rates and tables need to either subscribe to costly journals or go online. ATO’s web site contains a lot of current and relevant information – but try navigating around it! So here are some common tables to get you through.
Franchisees Franchising is growing very quickly, but what exactly is a franchise? It is important you have a clear understanding of what franchising is. Franchising is currently the largest growth area for small business	BookKeeping Franchising is growing very quickly, but what exactly is a franchise? It is important you have a clear understanding of what franchising is. Franchising is currently the largest growth area for small business