Trying to manage, remove or simply receiving a Directors Penalty Notice (DPN) from the Australian Taxation Office is always a cause for concern.  However simply because you have a Directors Penalty Notice does not automatically mean that you are required to pay it, you will lose your personal wealth and it does not mean that […]

The tax and succession benefits of a family trust are widely known – but the starting question should always be – is a family trust right for me?  There are many instances when a family trust is a poor business and investment structure and we go through the 9 instances when this is the case.  […]

If you are starting a business, you are in for an exciting time.  The opportunity to create a business start-up and scale it up is incredibly exciting.  And unless your start-up business is giving tax advice – you are likely a bit green when it comes to expert tax advice and business accounting.  We have […]

As a business the use of contractors makes a lot of commercial sense across Perth and the rest of Australia.  The flexibility offered by contractors and the shortage of labour makes contractors a classical recommendation given by smart business accountants.  And while contractors can be a simple option – there are a lot of tax […]

As a wealthier individual the subject of taxation is much more important.  Wealthy individuals simply pay a disproportionately lot more in tax than the rest of the general population.  And they also attract a lot more attention from the Australian Taxation Office.  Know your lodgement date  The general population who engage a tax agent generally […]

Maintaining cashflow is currently the most important issue in family-owned businesses right now.  The high growth, and rising costs, across Perth private businesses is creating opportunity but often the lack of cashflow is hindering the ability for businesses in hire, train and develop team members or install machinery.  Even the investment into trading stock and […]