Did you know that failure to keep private expenses separate from company expenses may inadvertently give rise to a Division 7A dividend? With year-end fast approaching, we thought it timely to briefly discuss this topic, as well as how to manage any risks! What is...
In this blog, we take a closer look at why all businesses should have a tax planning session with their accountant every year. What is Tax Planning? Tax planning can have some great benefits for any business, large or small. It involves evaluating the business’s...
Electronic Invoicing (eInvoicing) Electronic invoicing (eInvoicing) is an Australian government initiative designed to make exchanging invoices and doing business more efficient. It is an important step in the digitisation of businesses across the nation, making the...
10 Ways To Protect Your Business From Online Threats Practice Protect Security Blog Supplied by Bizink Businesses of all sizes are under constant threat from cybercriminals and malicious software, with even some of the world’s largest and apparently...
Director Identification Number (Director ID) A director identification number (Director ID) is a mandatory requirement for all company directors. From 5 April 2022, a first-time director will need to apply for a Director ID before their official appointment (that is,...
