Tax
Reduce the juice: how to beat the carbon tax
David Wilson The carbon tax could reportedly drive power bills up by 20 per cent. Here's 10 tips to help slash energy costs in your small business.
How to calculate your tax rate
Max Newnham When you run a small business you can potentially be subject to countless state and federal taxes.
Pay tax at the lowest possible rate
Max Newnham We're opening a cafe in a few weeks' time. How can we maximise our tax claims?
The golden rules of tax deduction
Max Newnham Don't know whether a payment is tax deductible or not? The golden rule is that it must be linked with the earning of income.
WORKING FROM HOME
Tax tactics: what to claim when you work from home
Business Maxims Q. I run a plumbing business from home. What can I claim?
BUSINESS MAXIMS
Hey Max, what about my tax?
Max Newnham Q. I know I need to obtain an ABN from any supplier but do I need to get one for the people I do work for?
Swan challenges Abbott on tax cuts
Federal Treasurer Wayne Swan has challenged Opposition Leader Tony Abbott to support the government's proposed tax cuts for small business.
FINANCE
Write, which way should I pay my tax?
Business Maxims Q. I am a UK citizen, and am doing a spot of freelance writing. Should I be taxing myself through my ABN number?
Tax cut a boon as work dries up
Rachel Wells James Anderson, who runs a small landscaping business, says the government's plan to reduce company tax by one percentage point would help offset the slowdown his business is already beginning to see.
Hey Max, what about my tax?
Business Maxims There are many anomalies in the income tax act, some of them relate to motor vehicles.
Can I claim my mortgage on my business tax?
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.
Missing tax cut doesn't spell doom for small business
Max Mason Wayne Swan’s surprise decision to drop Labor’s previously promised one per cent cut in the company tax rate will still have benefits for small business, economists say.
Getting on top of tax is crucial
Paul Drum How to handle GST in a small business with Paul Drum, of CPA Australia.
Warning on carbon tax rorts
Adam Cooper The ACCC is warning small businesses to justify prices if they use the carbon tax to rort customers.
BUSINESS MAXIMS
Tax tactics: maximise your return
Max Newnham Tax return time is approaching, so make sure you don't land yourself with a large bill.
Greens in bid to boost small business support
Clancy Yeates Small business owners would receive extra support worth up to $300 million a year under a new proposal from the Greens.
Is your accountant worth keeping?
Max Newnham The new financial year is a good chance to review your business, including the work of your accountant.
Buying a bargain could be risky business
Christopher Niesche Many small businesses are going cheap right now, but potential buyers shouldn't be seduced by low prices and the chance to be their own boss.
BUSINESS MAXIMS
A question of profits
Business Maxims Operating a business through a company can be a great idea when starting out. But the tax benefit can be outweighed when profits have built up.
How to write off business costs
Business Maxims Q. We recently set up an office - can we claim painting and other costs?
