Category: accounting
Want to build a more profitable, future-ready accounting practice? start by investing in yourself.
The most successful accountants don’t wait for change, they educate themselves, adapt, and lead. Whether you want to grow your advisory income, improve client ...
Top 10 technologies for Australian accountants
Accounting technology is rapidly evolving, enabling accountants to streamline processes, improve efficiency, and provide better services to clients. Here are the top 10 ...
Tax planning and business advisory services
Tax planning The primary goal of tax planning is to optimize a business's financial situation by minimizing its tax liability within the legal framework. ...
What questions should I be asking my accountant?
When meeting with your accountant, it's important to ask questions that can help you understand your financial situation, make informed decisions, and ensure compliance ...
Binding death benefit nominations
A 'death benefit nomination' is a legal document that allows a superannuation fund member to specify who should receive their superannuation benefits in the ...
Avoid penalties with an ATO payment plan
An ATO payment plan allows you to break down your payment into smaller amounts made via instalments and spread over a fixed period. Within ...
Safeguard your assets with an asset protection plan
Asset protection refers to the strategies used to safeguard wealth and assets from potential risks, such as lawsuits, creditors, and financial downturns. Asset protection ...
Discretionary trusts – ensure trust distribution resolutions are signed before 30th June
Discretionary trusts (often referred to as family trusts) must ensure that by 30th June of each financial year, the trust income is appropriately distributed ...
Witchcraft tax deductions
Witchcraft is the practice of magical skills, spells, and abilities. In the Netherlands, witchcraft expenses are tax-deductible if they are likely to increase the ...
Chopstick Tax
In 2006, China introduced a 5% tax on disposable wooden chopsticks to reduce demand for wooden chopsticks to preserve their shrinking forests. This is ...