Finance

Confusion reigns with tax deductions

Max Newnham 9:08 AM   How does the $20,000 immediate tax write-off for business expenses really work?

The $20,000 trap

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Max Newnham   What's the one thing that could mean a business expense doesn't qualify for the new tax depreciation rules?

Small business on top

Exports from China, Australia's top export market, dropped 6.4 per cent in April from a year earlier.

Lisa McAuley   COMMENT: Exporters are the winners in this year's federal budget.

The government got it right

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Max Newnham   For once, the Coalition has listened to small businesses in this year's federal budget.

It's a small business bonanza

Attractive dividend streams from the major banks have created a lopsided share market for local investors.

Alexandra Cain   The federal government is aiming to woo SMBs with a raft of initiatives announced in this year's budget.

Cash flow and tax

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Max Newnham   What should you do if there's no cash to pay your obligations?

Are you missing out on this tax break?

tax

Louis White   A slew of local firms aren't taking advantage of a federal government small business subsidy.

Properties and companies

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Max Newnham   What are the CGT implications of companies buying properties?

SME bureaucracy busters

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Max Newnham   Simplified tax rules have been designed to reduce red tape for businesses.

Seven mistakes SMEs make when dealing with banks

Andrews' heart was in the right place, but the scheme was poorly sold to the public.

Neil Slonim   COMMENT: Avoid these common pitfalls if you want a good relationship with your financial institution.

How to fire a family member

How's your cover?

Tony Kabrovski   COMMENT: Letting someone go is one of the toughest gigs in business. It's even worse when you have to fire mum, dad or a sibling.

How to pay less FBT

tax

Matt Goss   It's all in the way expenses are calculated.

Get ready for SuperStream

WA's AA+ credit rating is at risk.

Philip Hind   COMMENT: Now's the time for small employers to start thinking about their employee super obligations.

Should a start-up physio register for GST?

gst

Max Newnham   The practitioner also contracts to another practice and is unsure whether the fledgling business' income will reach $75,000.

Car tax deduction choices

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Max Newnham   Which is the best method when buying a $60,000 car?

Efic's new lending flexibility

Steele Environmental Solutions' research lab.

Andrew Watson   Smaller exporters will benefit from changes to the way the export credit agency operates.

Risky business: companies and trusts

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Max Newnham   Should a separate structure be created to buy equipment for a business?

Tax paper positive, more reforms needed

A corporate tax cut is on the table.

Greg Travers   COMMENT: Now is the time to explore a completely new approach to SMB tax.

Company tax rate irrelevant

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Max Newnham   A reader wants to know how any tax cut will work in practice for small businesses.

Three reasons we're excited about the ESS

Sarah Hamilton, Bellabox

Sarah Hamilton   The new Employee Share Scheme rules are a huge win for start-ups like bellabox.

SMBs disappointed in public sector support

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Tim Reed   COMMENT: Bold policies are needed to stimulate the growth of the small business sector.

Productivity gap hinders SMEs

Customer owned banks want the financial system inquiry implemented quickly.

Robert Spano   COMMENT: A lack of confidence in the economy has left the nation’s small enterprises sitting on their hands when they should be investing,

We're all getting a tax cut

Bellabox chief executive Sarah Hamilton will never apply for a grant again.

Christine Long   Reports suggest all smaller enterprises will quality for a tax cut. But far more could be done to help business owners.

Comments 32

How do I claim start-up costs?

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Max Newnham   A reader wants to know how tax deductions are calculated when starting a business.

Smaller businesses raising salaries, hiring

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Tim Reed   COMMENT: Despite dull economic conditions SMEs are preparing for growth.

GST system needs overhaul

tax

Max Newnham   The Coalition could do more to streamline the tax system for small businesses.

How do the capital loss rules work?

The ATO says plans by workers to strike ahead of the close of financial year won't affect services to the community.

Max Newnham   A reader wants to know how to make a claim for business expenses.

Accelerated tax deductions: the facts

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Max Newnham   A reader wants to know if he's eligible for the $5000 instant tax write-off.

What's the future of crowdfunding?

Many hands: Medved says there is science behind the wisdom of the crowd.

Claire Dunn   A new approach to purchasing equity in a business could change the world of innovation finance.

CGT: changes afoot?

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Max Newnham   Business owners are nervous favourable tax concessions will be removed.