by Cindy Su | Mar 14, 2025 | All, Business
When an employee or independent contractor stops working for your business, your obligations don’t end immediately. You may need to process final payments, report them correctly to the Australian Taxation Office (ATO), and ensure compliance with superannuation and...
by Cindy Su | Mar 10, 2025 | All, Business
Division 7A of the Income Tax Assessment Act 1936 is often misunderstood by business owners. Many believe they can withdraw company money or provide financial benefits to shareholders without tax consequences. However, the Australian Taxation Office (ATO) has clear...
by Cindy Su | Feb 12, 2025 | All, Business, Tax and Accounting
As we find ourselves more than halfway through 2025, it is vital for business owners to remain vigilant regarding their employer responsibilities to prevent penalties and maintain smooth operations. Several upcoming changes and deadlines could have an impact on your...
by Cindy Su | Dec 18, 2024 | All, Business
Financial reports are essential tools for understanding the health of your business. They provide crucial insights into your company’s performance, helping you make better decisions about your growth strategy, cost management, and overall financial stability. In this...
by Cindy Su | Dec 12, 2024 | All, Business
As your business evolves, so do its needs—and the structure that once served you well may no longer be the most tax-efficient or protective. Many established businesses find themselves outgrowing their original business structure, often leading to missed opportunities...
