Small businesses and individuals were placed on notice this past year once the Australian Taxation Office (ATO) cautioned it will be beginning a whole new system […]
Claiming mobile phone, internet and home phone expenses The ATO has released a fact sheet detailing how people can claim work-related telephone and internet usage. Essentially, […]
It is common for professionals who offer services to trade under a different entity for the business, whether it’s a trust, partnership or an incorporated company. […]
The baby boomer generation is at the retirement stage now. Recently there is an increase in Aussie business people retiring but the subject of succession planning […]
Identity Theft: The Taxman Can Help! The risk these days of identity fraud is extremely real due to which the ATO provides a Client Identity Support […]
Tax planning should not be the main reason for accountants in selecting a specific business structure. An important factor when selecting a business structure really should […]
If you earn a salary you probably do. You must declare all your income but you can also claim your work-related expenses. The complete details pertaining […]
At BookSmart Accountants we get to know our clients and their businesses in detail by maintaining an ongoing conversations with them throughout the year, we take […]