It is important for business owners to know about their tax obligations. The Structure of your Business You probably have already chosen the structure by which to operate your business, whether as a sole trader, a partnership, a trust or a company. You may have already applied for and received your ABN with the Australian […]
If it has been years since you started your own business, you undoubtedly can relive what you went through and realise that it has transformed dramatically over the years. A good number of businesses experience a life cycle with distinctive stages. It’s fascinating to observe the normal stages and learn what stage you are in […]
There is no doubt that cash flow is very important. However, how much power does it actually have? Well, cash flow problems kill businesses. According to studies, nine out of 10 small businesses fail because of their failure to manage cash flow properly. Cash flow management is not complicated. Basically, it means making sure money […]
The word “tax” never fails to make us feel scared or worried. Yes, it’s a bit stressful seeing a part of your hard-earned income vanish. But you don’t have to feel this way about paying taxes, in general – if you do it properly. With regards to Capital Gains Tax (CGT), you have to know […]
Property investors are aware of the various specialised tax breaks they are entitled to, but are also liable for some taxes that the majority of non-investor property owners are not, including land tax and capital gains tax (CGT). In this article, we will talk about allowable tax deductions, CGT and purchasing property using a self-managed […]
Many business owners may have had the time to oversee all aspects of their business when they were just starting out. But when their business begins to expand, it is time to weigh things up. Is outsourcing certain tasks the way to go? It is more important that business owners concentrate more on the areas […]
When the economy improves, interest rates tend to rise over time. While interest rates have been on hold at low record levels for many months, this will not be the case forever. For small business owners, an increase in interest rates means securing their sources of capital earlier rather than later. This would allow them […]
The scene is the same every year, despite making a promise to be better organised; you find yourself dashing from room to room, looking into drawers and folders for receipts. Why are you even doing this? Your accountant and the tax agency never requests for them anyway, right? Well, a reputable accountant will always ask […]
PJS Accountants
Level 1, “The Hub”
2 Loraine St
Capalaba, QLD 4157 Australia
Phone: (07) 3390 3177
Fax: (07) 3245 5726
Email: admin@pjsaccountants.com.au
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