Marcus S. Merrimac, QLD 0 Likes 0 Followers HiI have purchased a computer and other equipment of substantial value for use in a business that I'm about to start. However I have not registered a LLC or other yet. Is it possible to still claim these purchases if the tax invoices have been made out in my name? 9 hours ago
Leo K. Chipping Norton, NSW 3 Likes 0 Followers We do our BAS each quarter but we invested significant funds into the business in Oct and Nov and want to know if we can do our BAS for the 2 months now, then do Dec at the end of the month and then go back to quarterly? last week
Paul RyanFinancial Services Executive 8 Reviews 289 Followers Home Loan borrowers need to wake the #@!% up Okay, I’ve tried to be nice. I’ve produced blogs and vlogs of encouragement for home loan borrowers to understand the importance of knowing the interest rate on their home loan. I g ... blog post Boosted Content
Marcus L. Canning Vale, WA 0 Likes 0 Followers Hi,We have a family business and the accountant has it set up that my income is $40k more than my wife’s. We are looking to buy an investment property and also been advised to buy the property in my wife’s name. Does this sound like good advice and can we get a loan if the loan by using my wife’s name and will they look at both our income and the business profits? last week
Jonathan D. Cammeray, NSW 0 Likes 0 Followers Hi, my employer is going through a round of redundancies and after 15 years at the company I’m pretty sure I might be on the list.If so, I’d like to ask about the type of entitlements that would be due. The payment should include annual leave and long service leave, are there any others? Thanks 3 weeks ago
Sally T. Balgowlah, NSW 1 Likes 0 Followers Hi, I started a little business making cakes and sell at the markets and privately through word of mouth. It’s starting to do really well and would like to ask if I should have some sort of insurances in place. The turnover was just over 40k to June 2018 and now doing about $7,000pm. I’d appreciate some help, thank you 3 weeks ago
Jason F. Hamilton, NSW 2 Likes 0 Followers I have been running my online business for 2 years ago and 6 months ago an old business colleague started helping out with advice. I haven’t been able to pay him a full salary but we’ve spoken about having some equity as a reward and ongoing incentive. Some of the advice relates to him having to pay capital gains tax straight away of the value of the shares. Is this correct and what other options are available? last month
Mark T. Charlestown, NSW 0 Likes 0 Followers Hi, we are putting our business on the market and want to ask if a buyer gets any benefits from the carried forward loses from our first 2 years setting up the business. Thanks? last month
Daniela P. Taren Point, NSW 1 Likes 0 Followers We have been trying to find out if there is a limit to how much we can gift our eldest son and remain tax free. We have been getting mixed messages as it is a significant amount, is there a limit… thanks in advance last month
Tony M. Gymea, NSW 2 Likes 0 Followers Hi, we are about to engage a builder for renovations and the quote has come in at $600,000. The builder is buying the materials on our behalf and we assume paying GST on the costs so if we breakdown the quotes should we then be paying further GST based on the builders overall quote? last month
Mel W. Dee Why, NSW 1 Likes 0 Followers Hi - I have been contracting for 4 years and just been using a business name and ABN. My income is now consistently $12-13,000 a month and wondering whether it’s time to set it up under a company – what would be the benefits to do so? last month
Sam D. Glenorie, NSW 2 Likes 0 Followers Hi2 years ago we started a new business and spent about $300,000 so far. It’s not working out as well as we hoped and now thinking about closing it down and getting a job – the question we have is about the losses we have in business… can they be offset against the future income when we find employment? last month
Nicholas Y. Ringwood, VIC 3 Likes 0 Followers Our business uses Xero accounting and about to set up another business with an investor. As the financial reports will be different is there a way around having to set up another Xero account, could we just use the one? last month
Mel G. Ormond, VIC 1 Likes 0 Followers Hi,A year ago I started a new job and needed a car, my employer suggested a novated lease. I was made redundant last week and now they are saying the car is in my name so I have to keep making the repayments. Is this right… what are my options? last month
Joseph M. Abbotsford, NSW 1 Likes 0 Followers My family just inherited a large sum of money and i know we don't pay tax in the inheritance but if we invest in managed funds do we pay tax on the returns we get? last month
Ben H. Castle Hill, NSW 2 Likes 0 Followers Currently looking at a couple of commercial properties as an investment and want to know if the contracts have to say if the sale price is inclusive or exclusive of GST ..... do we also have to register for GST? last month
Leo T. Hamilton, NSW 1 Likes 0 Followers About to complete our first development of 4 units and so far have sold three and thinking of keeping one. Our question is do we have to pay CGT on the unit we keep… how does it work? last month
Jamie C. Five Dock, NSW 3 Likes 0 Followers HiI work full time as digital marketer and do some freelance work after hours. My work salary is $78,000 so do I need an ABN and register for GST for my own work? 2 months ago
Scott A. Menai, NSW 2 Likes 0 Followers Does the governments fuel tax rebates include small owner operators?I have just started a small furniture delivery business and getting conflicting information from two different accountants… what are the rules? 2 months ago
Peta C. Elwood, VIC 1 Likes 0 Followers hi ..I work as a shop assistant in a clothing store and we are told we have to wear the clothes from the shop. We do get the clothes at a discount …can I claim the cost as a tax deduction 2 months ago
Vlad M. Zetland, NSW 1 Likes 0 Followers HelloI recently became an Australian citizen and have a full time employment in I.T software. If I do some freelancing work for overseas companies do I have to pay tax on the money I get paid 2 months ago
