If you’re buying a business in Perth, understanding EBITDA and EBIT is essential to both you and your Perth business accountant. Both EBIT and EBITA give insight into a company’s profitability and financial health. This analysis is needed when making decisions about growth, financing, or even a potential sale. This blog explores the difference between […]

Many Perth SME’s are being asked about their carbon accounting. The pressure from large corporates to understand the carbon footprint of Perth SMEs is creating a significant amount of work for Perth business accountants and their clients. What is carbon accounting? Carbon accounting is the process of calculating an organisation’s total greenhouse gas (GHG) emissions, […]

If you are dealing with large amounts of money, taxation will always be on your radar. In Perth, the subdivision of the family home is a large financial transaction, so the tax impact of subdividing the family home will always be front of mind for a successful business-focused family and their tax advisors. Does income […]

It is well known that a family trust has many benefits beyond tax. So, when a Perth business accountant discusses tax law structuring for family trusts, one of the first essential questions raised is: Who should be the trustee of my discretionary trust? The choice of a trustee significantly impacts succession, tax efficiency, asset protection […]

Property depreciation is a non-cash tax deduction available to the owners of income-producing properties.  It is one of the few tax benefits that Perth tax accountants can discuss with their clients, and it does not require the ultimate cash payment to enjoy. As a building ages, items wear out—they depreciate. The Australian Taxation Office allows […]

It is common for SMEs based in Perth to send their staff and team overseas while operating a business. Or if staff choose to work remotely in another country. It is important to gauge the tax traps that Perth SMEs can encounter when their team is working offshore. The simple case If you send your […]