by Jack Lawrence | Aug 17, 2016 | News
Do you receive income from Uber or AIR BNB? If so you should be declaring it as income in your tax return! Uber does not pay tax on behalf of their drivers and AIR BNB does not pay tax on behalf of their hosts, therefore tax on that income will be payable after you...
by Jack Lawrence | Aug 10, 2016 | News
From 1 July 2016, NSW saw a number of changes to stamp duty. The changes are proposed to help businesses grow by abolishing more than $400 million a year in business tax. SHARE TRANSFER STAMPING AND DUTY ABOLISHED To 30 June 2016 share transfers required stamping and...
by Jack Lawrence | Jul 27, 2016 | News
Work Bully? An employee can apply to the Fair Work Commission before consulting with their employer, for an order to compel the bullying to stop. The laws are treated as civil claims, as opposed to being dealt with under work health and safety law and...
by Jack Lawrence | Jul 7, 2016 | News
Why build a business for Sale… Most business owners are looking for increased profit this year, next year, revenue growth or more life balance – or some combination of this! What about selling a business? Here are five reasons why building a sellable...
by Jack Lawrence | Jun 24, 2016 | News
June 21 has just passed and here come the light!! More and more light each day. I reflect a little or perhaps despair when we hit December 21 or 22 with the awareness day light hours are going to start shrinking, conversely I like June 21 when I know it is only going...
by Jack Lawrence | Jun 15, 2016 | News
Clients ask me what industry should they invest in or set up a business in. For pure opportunity and profitability I used to think financial services as I worked in and saw the profitability. However more recently I would say technology services as I think it is...
by Jack Lawrence | Jun 9, 2016 | News
The below graph from the Australian Bureau of Statistics (ABS) seems to show that most businesses use the cloud to some extent; though reading more closely you can see that to be counted as a business that uses the cloud you only have to identify one computing service...
by Jack Lawrence | May 20, 2016 | News
Small employers (19 or fewer employees) must meet the SuperStream standard by 30 June 2016. Larger employers should have been using SuperStream since 31 October 2015. Under SuperStream, you need to pay super contributions for your employees...
by Jack Lawrence | May 6, 2016 | News
Budget May 2016 – Super is the area that has been hit the hardest with numerous changes, which will limit and discourage use of Super. Super it is still a great tax environment for retirement savings. Personal Taxation – ...
by Jack Lawrence | May 4, 2016 | News
With ushering an “ideas boom limited only by our imagination” in mind Mr Malcolm Turnbull seeks to essentially better the startups and investors market within Australia. What? Early Stage Innovation Companies (ESIC) that qualify will provide tax offsets...
