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Pat Mannix
The Fall Guy

We want nothing of any value in the fall guy’s name. Absolutely nothing! It’s not a perfect world. Bad things sometimes happen to good people. So if a business falls over the fall guy can go with it but hard earned assets built along the journey MUST be fully protected.
... read moreIt'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.
... read moreWhat 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.
... read moreCompany 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.
... read moreTax Planning Tips - 2018

Here are our top five tax planning tips for 2018. It’s early June now, and a perfect time to go over these tips.
... read moreWhat is a 'Cryptocurrency'

A cryptocurrency is a digital or virtual currency that uses cryptography or encryption for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
... read moreInnovative investor incentives

If your innovative idea has real legs for commercialisation in business then the government has set up a tremendous incentive for venture capitalist investors. It’s a sign our politicians are wanting to support the innovation of entrepreneurial Australians and it’s also an indication of the global vision of these entrepreneurs.
... read moreWhat SMSF’s absolutely need to consider prior to 30 June 2017

30 June 2017: The wide-ranging superannuation reforms come into effect on 1 July 2017. With the changes come a series of issues that Trustees need to be across, even if they don’t immediately affect you or your fund:
... read more