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What is a sophisticated investor?

What is a sophisticated investor?

As accountants, many successful families in business request us to issue them with a “sophisticated investor certificate”.  In fact it is commonplace for every wealthy (ish) business minded family. So why do you want to become a sophisticated investor? A retail investor has many protections and mandatory disclosure obligations.  These can include a prospectus, investigating […]
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Tax Implications on Cryptocurrencies

Tax Implications on Cryptocurrencies

Recently cryptocurrency has become increasingly popular and due to the recent pandemic, more people are getting invested in trading on a variety of platforms. Jenny and Lewis will be discussing how important it is to keep a record of your trades and how buying and selling can trigger a number of tax requirements.
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Tax file number

How the crooks use your tax file number

The increasing risk of identity theft is of concern to everybody.  And one of the most important identifying documents an Australian has is their tax file number. Dodgy tax lodger If a criminal obtains your TFN your identity can be compromised in several ways.  At a basic level a criminal can lodge your tax return […]
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10 Tips for entrepreneurs

10 Tips for entrepreneurs starting a business

When you start a business the initial phase is incredibly exciting. Sadly this excitement can quickly disappear into terror as the reality, loneliness and monotony of running a business really kicks in. As a business that started from nothing we understand how hard it can be – because we have done it as well.  These […]
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Hiring staff internationally

10 Steps to consider before hiring staff internationally

The decision for a family business to employ staff in another country is a common first step to setting up a presence in another country.  So, before you start to officially employ staff you should consider the following steps. 1. What Entity is Going to Employ the Person Many countries require that a contract of […]
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Recording Long Service Leave

Recording Long Service Leave

Join us as we talk about what is long service leave, whether you are entitled for a pay out and what factors can affect your long service leave benefits.
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