Unlimited Proprietary Company (With a Share Capital)

Unlimited Proprietary Company

An unlimited proprietary company is a private company whose members have no limit placed on their individual liability to contribute to the debts of the company. As a consequence, the company is exempt from the prohibition on reduction of capital (s258A), which means money can be easily taken out of the company’s capital base. The…

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Software Review – Xero Tax

xero software

Andy Asiandi, (Payneham, SA) reviews the Xero Tax software. XERO Tax advantages: Free for Bronze Partners. Xero tax returns integrate nice and easily with the ledger software (which is important as over 900,000 Australian businesses now use XERO for their bookkeeping and payroll). Since 1 July, prefill available (Including Private Health Insurance). Ease of use,…

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Tendering

Tendering

Strategies for successful tendering Tendering is the process of choosing the best or cheapest company to supply goods or do a job by asking several companies to make offers for supplying the goods or doing the work. Tendering occurs in all parts of business but is most common with government projects, construction, utilities, and infrastructure.…

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