Following many requests from clients SMART Business Solutions has now started a dedicated bookkeeping division offering you the opportunity to spend more time on your business and less time with the nitty gritty of bookkeeping. Bookkeeping packages can be tailored to your needs, so whether you need a “HELP ME” package where we team together with you, or a “DO IT FOR ME” package with our team doing it all for you. We use the latest technology to ease administration tasks, payroll processing & requirements and provide real-time accurate financial information to business owners to enable you to make informed decisions on your business. Our team are all qualified and experienced accountants. Whether your revenue is the $000’s or in the millions, we can assist you and your team with what you need. Contact us to discuss your needs.
Falling behind on your BAS lodgements looks like an administrative problem. Left long enough, it becomes an expensive one, because the GST you collected stays payable indefinitely while the GST credits you are owed disappear after four years. Here is what that looks like in dollars.
With negative gearing now quarantined for established dwellings, new house and land has become the sensible play for investors — but there is a trap in the first eighteen months. Interest on the land is denied, while interest on the construction is not. If the bank has written one loan, someone has to do the sums. Here is why it pays to split the loan before you sign.
When the draft legislation for the trust minimum tax was released, it came with a reassurance: if you do not want to restructure, you can simply make an election instead — no restructure, and no state stamp duty. That is accurate, but it is also a very small part of the decision. Here is why you should choose your structure for the eventual sale of your business, not for the announcement.
