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Paris Financial
Every Three Year SMSF Audits – A Ludicrous About Face
SMSF Auditors now must: be registered with ASIC; be registered with the ATO; have enormous amounts of regular professional updates; and also be audited by their peak professional bodies, such as the Chartered Accountants ANZ and CPA Australia.
... read moreChanges To CGT Exemption For Inherited Property
When someone inherits a dwelling there are some special rules contained within the main residence exemption provisions that can provide a full exemption if certain conditions are met. If the conditions are not met, the beneficiary might face a nasty capital gains tax (CGT) bill for their good fortune.
... read moreWhat Is The Best Software For Accountants?
I want to give you my honest and fair opinion of what’s out there on the market. Firstly, let’s examine the most popular ones.
... read moreOligopolies and Monoliths Thrive Again
The first rule to bring up to international level is easy. Tax the multinational bastards! The second? Bring competition policy up to the international level.
... read moreThe History of Accounting Software for Small Businesses
Grab yourself a cup of tea or a coffee, folks. The history of accounting software is below.
... read moreSmall Businesses Do Need Tax Guidance
We’re glad to hear the head of the ATO, Chris Jordan, has come out recently and commented on tax obligations for small business people. It’s very complex, but so important that small business people get it right.
... read moreProperty Investment for Small Business Owners
In small business, a key asset protection strategy is to set up an investment trust outside of your main trading trust.
This investment trust is what buys your investment property.
You need to do this because you cannot have it in your name as the director of the company who is running the business. This is far too risky in a litigious society.
... read moreBusiness Intuition Is Not Bullsh!t
Our multi-millionaire clients all have five things in common. If you plan to boost your bank account to seven or eight figures, read on.
... read more