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Paris Financial

Family Planning: Applying For A Home Loan With A Baby On The Way

Family Planning: Applying For A Home Loan With A Baby On The Way

Purchasing a home and having a child are two of life's most stressful events. What on Earth happens when both are occuring at the same time?!

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( Posted in: Lending & Finance )

Small Businesses Can Get Into Trouble

Small Businesses Can Get Into Trouble

Imagine you have put all of your life savings into buying a business. You spend years dedicating your heart and soul towards it. You listen to financial advice and take every measure to do the right things. Still your business is failing. The figures are wrong. It’s heart wrenching. Our advice? Let it go. ASAP.

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Your Income is Your Number One Asset

Your Income is Your Number One Asset

When starting out in small business, you have to take 100 per cent responsibility for the income you’re going to generate. That means you need a defensive strategy in place for your income.

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Two Directors is Wrong, Wrong, Wrong

Two Directors is Wrong, Wrong, Wrong

I will give you a second strategy for asset protection in business. This one is really simple.

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ATO Changes for Building and Construction Service Clients

ATO Changes for Building and Construction Service Clients

If you are running a business primarily in the building and construction industry and you make payments to contractors for building and construction services, you will need to lodge a Tax Payments Annual Report.

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( Posted in: Tax )

It's All Your Fault - Part 2

It's All Your Fault - Part 2

I LOST ALL OF MY LIFE SAVINGS. The truth: it was all my fault and I had to take full responsibility because it was small business.

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What Will The ATO Audit This Year?

What Will The ATO Audit This Year?

It can often be difficult to know where exactly the tax office are going to be focusing their audits. As it is the start of a new financial year, I thought I would provide some insight into where the ATO will be pointing their guns in 2018/19.

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( Posted in: Tax )

Company Disaster

Company Disaster

We are talking today about business structures and in particular the disaster that is companies when running a small business. We need to go back in history and look at the year 1999, the Federal Government of that year changed the rules on small business. 

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