Trust distributions from a discretionary trust
30 August 2021
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The purpose of a trust is to separate the legal and beneficial ownership of assets. The legal ownership of the asset rests with the trustee.
Category: SMEs
Have you changed your business purpose?
23 August 2021
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Many businesses have been through and still are going through a tough and transformative period due to COVID-19. In some cases, companies have had to
Getting deductions for clothing and laundry expenses right
23 July 2021
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The ATO allows certain taxpayers to claim a deduction for the cost of buying and cleaning occupation-specific clothing, items of protective wear and for certain
Avoid common mistakes in your business return
16 July 2021
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We know you want to get your tax right, so it may help you this tax time to know how to avoid making what the
NSW economic support package for businesses and employees
14 July 2021
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The NSW Government has announced a comprehensive economic support package worth billions of dollars aimed at helping businesses and people right across the state fight
NSW COVID-19 support package
12 July 2021
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The NSW Government announced a major new grants package and changes to the Dine & Discover program to help tens of thousands of small businesses
2021 End of Financial Year Business Checklist
24 May 2021
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Maximise your tax deductions for the 2020-21 financial year by planning and reviewing your records. Here are some top tips for businesses when it comes
What is the SME Recovery Loan Scheme?
19 May 2021
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Loans for small to medium enterprises (SMEs) are available until 31 December 2021 under the Federal Government’s SME Recovery Loan Scheme. The scheme is designed
The importance of Business Planning
14 May 2021
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What is the reason that people go into business? Many business owners say they went into business because they wanted to make the world a
Federal Budget 2021-22
12 May 2021
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The Federal Budget 2021-22 was handed down last night. A stronger than expected economic recovery from the COVID-19 recession has resulted in a budget deficit of $161 billion,