Business Maxims There are many anomalies in the income tax act, some of them relate to motor vehicles.
Business Maxims There are many ways to own and operate a business. Some of them are simple, such as a sole trader or partnership, where the owner earns income as a share of profits.
Christopher Niesche Most small businesses insure their property and stock against damage like fire and theft, but few take out business interruption insurance against the loss of cash flow caused by a prolonged shutdown.
Christopher Niesche A loss of trade after an unexpected calamity can be devastating.
Business Maxims Max Newnham answers your tax questions.
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.
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...
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.
Max Newnham This year's federal budget has again shown that the small business sector is largely ignored by politicians and bureaucrats in Canberra.
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.
Max Newnham If you're continuing to work full-time while starting a new business, beware of the tax implications.
Annette Sampson Another financial year done and dusted. Well, almost. With a little more than four weeks to go until June 30, it is high time to get in some last-minute tax planning.
Income protection of some form is a must for the self-employed, writes Christopher Niesche.
Max Newnham Tax return time is approaching, so make sure you don't land yourself with a large bill.
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.
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.
Max Newnham When you run a small business you can potentially be subject to countless state and federal taxes.
Christopher Niesche The research and analysis involved in writing a business plan can be more important than the document itself.
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.
Max Newnham Many small business owners stumble in buying and financing the right sort of work vehicle.