It’s common for business owners to utilise company resources for their personal use. The business is often such a part of their life that
the line distinguishing ‘the business’ from their life can be blurred.
While there are tax laws preventing individuals accessing profits or assets of the company in a tax-free manner, mistakes are being made
and the Australian Taxation Office (ATO) has had enough.
The ATO has launched a new
education
campaign
to raise awareness of these common problems and the serious tax consequences that can arise.
It’s important to know your chances of success before applying which is where a finance adviser can really help.
ALL DAY CONFERENCE @ Mornington Racecourse
6 May 2025 - 8:30am - 5:30pm
In today’s fast-changing world, staying competitive means embracing new trends and technologies. At B.I.T.E.
Conference 2025, you'll discover groundbreaking strategies and tools—like A.I. and robotic process automation—designed to
help you navigate and succeed in the evolving business landscape.
Paying off your mortgage is a significant financial milestone, but once you’ve reached the halfway mark, what’s the best next step? Should you continue aggressively paying it down, start investing, or focus on building your superannuation?