Category: Business
Work on the business, not in it
The phrase "work on the business, not in it" comes from Michael E. Gerber's book, "The E-Myth Revisited." Its core message revolves around the ...
Measure and compare performance with benchmarking
Benchmarking is a systematic process organisations use to measure and compare their performance against that of their peers or industry leaders. The primary goal ...
Avoid underpaying employees
Underpaying employees occurs when workers are paid less than the minimum wage or are not provided with their correct entitlements and benefits as ...
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 ...
Navigate the complex world of insurance with an insurance broker
Insurance brokers act as intermediaries between individuals or businesses seeking insurance coverage and insurance companies. Their primary role is to help clients navigate the ...
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 ...
Have you heard of the cow flatulence tax?
In 2009 the Danish Tax Commission proposed introducing a cow flatulence tax of $110 per cow per year. For the average farmer with 120 ...
China’s mooncake tax
In 2011 China introduced the ‘mooncake tax’ which taxes employees on any employer-provided allowances and benefits. Previously, employee allowances and benefits were tax-deductible to ...