The Government is introducing a new requirement for directors to apply for a unique identification number (Director ID) from November 2021 to address illegal phoenix activity. It will help prevent the use of fake director identity and make it easier…
If you are high income earners, it’s sensible to implement tax minimising strategies. On the other hand, Tax avoidance and evasion is illegal and attracts heavy penalties form ATO. There are a few strategies that well known as effective tax…
If you are a sole trader or running a business through an entity (whether that is a company, partnership or trust), and the income you earn is related to your personal skills, expertise or labour, don’t walk away, as PSI…
Starting and running a business can be a challenging experience. That’s why it’s vital to know about government funding & aid programs to help get your business off to the best possible start! Australian Government recognizes that sometimes great ideas…
When choosing the right structure for your long-term goals, you might weigh up the benefits of a Company versus a Trust. Each has its pros and cons and should be carefully considered. Depending on your business journey – setting up…