Costs

How to write off business costs

Writing off business purposes.

Business Maxims Q. We recently set up an office - can we claim painting and other costs?

Mark Bouris

Small and non-bank lenders worth a look

Mark Bouris

Mark Bouris The truth is that you can't influence a rate cut, but you can look for a better deal.

How to start a multi-million dollar venture with $10,000

business man

Tony Featherstone Consider this: a young entrepreneur starts an online furniture retailer with $10,000. Another starts an online pharmacy with $20,000, and a construction franchise gets going with $25,000.

Comments 17

Can I claim my mortgage on my business tax?

house

Max Newnham Many small businesses operate from the owner’s home. This could mean the factory is a shed in the backyard and the office a corner of the kitchen or dining room table.

Undervalued: why less is risking more

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Christopher Niesche The increased cost of construction brought on by the carbon tax and the soft economic conditions mean many more small businesses are taking the risk of being underinsured, an insurance consultant...

What the budget means for small business

Australian Treasurer Wayne Swan

Max Newnham This year's federal budget has again shown that the small business sector is largely ignored by politicians and bureaucrats in Canberra.

How do I structure my employment and business incomes?

Tax

Max Newnham Over the years there have been many attempts by taxpayers to try and have employment income treated as business income so it can be split with spouses and children.

How to increase prices without alienating clients

money

Christopher Niesche Increasing prices can be tricky at any time, but in the current soft economy small businesses risk losing customers if they mishandle the price rise.

How taxing is a second job?

Tax.

Max Newnham If you're continuing to work full-time while starting a new business, beware of the tax implications.

Warning on carbon tax rorts

The ACCC will be asking businesses to justify price rises if claiming it to be because of the Carbon Tax.

Adam Cooper The ACCC is warning small businesses to justify prices if they use the carbon tax to rort customers.

Special Report

A case of accidental debt

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Workers' compensation insurance: if you aren't safe, you'll be sorry, writes Alexandra Cain.

Rates put big squeeze on small business

More interest rate cuts likely (Thumbnail)

Clancy Yeates Small-business customers have received the least benefit from the latest cycle of interest-rate cuts, new figures show, despite moves by the major banks to target the SME market.

BUSINESS MAXIMS

Get ready to sell

For sale.

Max Newnham There is a very good reason why every small business owner should operate their business as if they are going to sell it.

One premium does not suit all companies

insurance

Christopher Niesche Different sectors need different coverage so it's vital to correctly identify your requirements.

FINANCE

Build your brand without breaking the bank

money

Christopher Niesche Six low-cost tips from marketing experts on how to raise your business’ profile.

Pay tax at the lowest possible rate

Tax cut.

Max Newnham We're opening a cafe in a few weeks' time. How can we maximise our tax claims?

Don't buy the wrong wheels

Work car.

Max Newnham Many small business owners stumble in buying and financing the right sort of work vehicle.

WORKING FROM HOME

Tax tactics: what to claim when you work from home

Working from home tax tactics.

Business Maxims Q. I run a plumbing business from home. What can I claim?

Pass rate cuts on to SMEs: retail body

Don't forget SMEs, urges retail body.

Larissa Ham A peak retail body has urged banks to pass on yesterday's interest rate cut to small and medium-sized enterprises.

Claiming company expenses

Car.

Business Maxims Can I claim my $6000 car purchase as a company expense in my BAS?