Starting Your Own Business

Do you have dreams of being your own boss? Do you want to start your own business but have no idea where to start? When you start a business, there are tax and super responsibilities you need to be aware of, including: The tax implications of your business structure Whether you’re entitled to an ABNExternal Link Registering your business Records … Read More

Walker PenderStarting Your Own Business

Employer Obligations During Workers Compensation

When an employee becomes ill or injured because of their work, it can be a difficult and stressful time for the employer as well. Ensure that your employees are cared for and have every opportunity to recover and return to work. Also ensure that as the employer you follow the rules for workers compensation and employee entitlements. Workers compensation or … Read More

Walker PenderEmployer Obligations During Workers Compensation

Limit Your Annual Leave Liability

Outstanding annual leave balances are a significant financial liability. The longer employees go without taking leave, the greater the risk to a company’s cash flow in the long term. Implementing strategies to regularly reduce annual leave balances can be difficult. Why Annual Leave Balances Hurt Your Bottom Line There are several reasons why companies accumulate large annual leave balances including: … Read More

Walker PenderLimit Your Annual Leave Liability

Running Your Business From Home

If you own, lease or rent property used for business purposes – whether commercial premises like a shop or office, or even your own home – you must include any rental income in your tax return, you can claim income tax deductions for some property expenses and you will be liable for capital gains tax on any capital gain if you … Read More

Walker PenderRunning Your Business From Home