The Director Identification Number (director ID) obligates all directors in companies to register for an identification number. This is done to track a director’s relationships across companies, providing much-needed clarity and traceability in the process. Director’s of Australian companies, a registered Australian body, a registered foreign company under the Corporations Act 2001, or an Aboriginal […]
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A great way for businesses to run more effectively is through proper guidance. Recommendations and solutions that can best help in this regard are usually best acquired from tax accountants. In this way, a business can rest assured that it’s getting professional, expert advice. The Role of Tax Accountants Tax accountants typically hold at least a
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If you’re a property investor, then you’re probably on the hunt for the next property to add to your portfolio. However, it’s crucial to select the proper investment structure to protect your investments and help you save taxes. You’ll also have to consider some issues, such as taxation, costs and complexity, and asset protection. It also
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Starting a new business can be both exciting and intimidating especially when help for new business owners is available. While the idea of being your own boss and having the potential for financial success is appealing, navigating the various aspects of small business can be challenging, especially for those who are unfamiliar with the process.
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In any type of industry, one of the keys to success is good accounting. After all, money is the lifeblood of an organization, and business owners must always work towards profits that are larger than expenses. This leaves more money for investment, expansion, and rewards! Construction firms in particular must ensure healthy cash flows. They
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A Guide to Acquisitions, Mergers & Partnerships in 2021 Are you a business owner looking for a guide to acquisitions, mergers and partnerships? Anyone who has a business may consider a merger, an acquisition, or a partnership eventually. These options can allow you to grow and future-proof your organisation in incredible ways. Acquisitions, mergers, and
Acquisitions Mergers & Partnerships Guide in 2021 Read More »
Exploring what specialist accountants can offer to medical professionals and how they can help build a successful and sustainable medical practice is beneficial, especially during this time of pandemic. Amid the pandemic, doctors and so many medical professionals have had to bear the responsibility of trying to save so many lives and providing care to
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Treasurer, Mr Frydenberg, handed down the Federal Budget Summary 2021-22 on 11 May 2021. The big-spending Budget is aimed at accelerating Australia’s recovery. Mr Frydenberg said the Australian economy has rebounded at its fastest pace on record over the latter half of 2020. The impact of COVID-19 will see the deficit reach $161 billion in
Federal Budget Summary 2021-22 Read More »
Have you thought about why you need to get an accountant for your business? Getting an accountant can be life-changing for a small business. Hiring professionals, despite the initial cost, is an investment worth making. You just need to make sure you’re using them right. In this tight economy, many small businesses try to save money by
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