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Latest News

Negative gearing still the way to go

Negative gearing still the way to go

Tax laws favour two things in Australia: Dividend Imputation and Negative gearing Negative gearing is best applied to real estate so you have both working for you that is tax benefits and real property growth. It’s often said real estate doubles every 10 years but of...

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How to succeed in Business

Starting out today what’s my advice Make sure you have a good accountant, solicitor and bank manager. A good accountants worth 15%. Do Budgets every year and update them with every change. Ensure your financials are done quarterly. Make sure your product or service is...

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Companies tax to reduce, Individuals to increase

Companies tax to reduce, Individuals to increase

Taxes fell in the GFC due to the collapse of many business worldwide. Prior to the GST Company’s paid 5% of GDP in taxes. Due to Globalisation and profit shifting this has fallen to 4.6% of GDP. The GFC clearly put pressure on business and its reaction was to shift...

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Have the edge in business

Have the edge in business

As we all know the worlds competitive very, competition can come in lots of ways. To lessen the competition you need an edge. It puts you in a good position. Does your small business have an edge let’s look at it? Do you dominate a marketing area social media, point...

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SMALL BUSINESS TAX CUTS CHOPPED FOR CHILDCARE

SMALL BUSINESS TAX CUTS CHOPPED FOR CHILDCARE

Small business is set to lose the benefit of a tax cuts to companies to Childcare following Shorten $3 Billion promise for families. This represents $1600 per child. Many small business have companies and these are the drivers of the current economy. Lower taxes...

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SMALL BUSINESS lose on Submarine

SMALL BUSINESS lose on Submarine

Small business is set to lose badly due to not awarding the contract to Japan. The competitive tender process focused only on one thing sound in the tender process. No weight was given to Military alliance or economic benefit. Japan have been humiliated by the process...

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Budget 2016

Budget 2016

Small business gains at the expense of Superannuation. The budget delivered by Treasurer Scott Morrison lacked spending cuts, but he looked to super to pay for tax cuts. Government over spending was put off for another day, which will give small businesses a kick and...

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