How to get the most from your Business Tax Return. Family Day Care Scheme: Registering for GST – Bankstown If you own or operate a Family Day Care, we understand that it is your top priority to run a successful business that benefits...
Read MoreImprove Support for Small Business
Important changes have been made to further support Small Businesses Operations, Tax and Accounting. Find out how these changes could apply to you. Small Business Fix-It Squads: The ATO wants to better understand the difficulties...
Read MoreFamily Day Care Accounting – Sydney CBD
Do you need help with your Family Day Care Accounting? At Mas Tax Sydney, we specialise in Family Day Care Tax advice and Accounting, and can assist you to increase your return and grow your business. We can guide you in making the right...
Read MoreXero Business Tips
Heave ho ho – How to overvcome festive season business stress from Xero Almost a quarter of Australian small business owners haven’t taken holidays in the past two years, according to new research* by our software experts...
Read MoreAccountants for new Franchise
Are you looking for Accountants for your new Franchise? This week we are at the Sydney Franchise Expo – why are we there? We love franchises and are often Accountants for new franchise, we actually love all new businesses to tell you the...
Read MoreAsset Sale and GST
Any asset you retain within your business for the purpose of generating revenue is a capital asset. When you dispose of such an asset in the course of carrying on your business in Australia it is generally regarded as a taxable sale which means...
Read MoreBusiness KPIs
When you drive a car, have you ever noticed how important the indicators on your car dashboard? It tells you how much fuel in your tank, how hot your engine temperature, how stable your vehicle stability control, how safe your airbags, what speed...
Read MoreBusiness Benchmarking
One way to analyse a business performance is through “Benchmarking”. Benchmarking activity is comparing your business performance against other businesses in the same industry – so you’re comparing an apple with other apples and NOT with oranges...
Read MoreBorrowing with your Super Fund
We all keep hearing about people using Their Superannuation Fund to Borrow and Purchase Property. You May Be Asking: Can we do this? What are the Benefits? AND, are there any...
Read MorePersonal Services Income
Understanding Personal Services Income (PSI) Personal Services Income (PSI) is income that is mainly a reward for the personal efforts and skills completed by an individual. It is common for Sole Traders or individuals through an interposed...
Read MoreEnd of Year Tax Planning for Business
Were you happy with last years’ tax result? Or it may be that your business has expanded since last year. Either way the time to act is now, well before the 30th June to review and plan for this years’ tax bill.Ideally, we will look for ways to...
Read MoreUnderstanding Trusts, Companies & Partnerships
The following guides have been prepared as ‘plain English’ summaries of what clients need to know before operating a new entity, and also to answer some common questions that clients ask about these entities.
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