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.
Federal government to reduce what it gives to low and middle-income earners through super co-contribution from mid-2012.
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?
Business Maxims Can I claim my $6000 car purchase as a company expense in my BAS?
Business Maxims Q. Can we claim our salaries - which we don't have the money for - as a tax deduction?
Alison Bell Small businesses are facing a debt repayment strike that could send many of them broke.
Michelle Griffin Casual workers and freelancers are even more likely to struggle with their rents than the unemployed.
Max Newnham When you own a business there are countless rules and regulations that must be met.
Henrietta Cook Small businesses welcomed a review of the Australian Taxation Office's cash-economy benchmarks.
Business Maxims The ability to offset business losses against other income depends on a taxpayer passing one of four tests. Where these tests cannot be passed the loss must be carried forward to later years.
Max Newnham Q. We have incurred a debt to the ATO of more than $100,000. The interest is making it nearly impossible to pay off.
Max Newnham Q. I'm a physio doing home visits and need better equipment. Could I claim these under CGT rollover relief?
Steve Wright What to consider before parting with your hard-earned.
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.