Updates

Do you know how to differentiate a share trader from a share investor for tax purpose? For Hartley vs The Commission of Taxation (2013) case, the Administrative Appeals Tribunal (AAT) had decided that, while a few determinants seemed to indicate

If your business involves the purchase and sale of second-hand goods, you would need to take note of this. The ATO has issued GST 2013/2, providing the definition on the acquisition of second-hand goods for the purpose of sale in

With the new Coalition Government being elected, they had made an announcement that they would like to repeal or change a few tax-related matters that had been proposed by the previous Labour Government. The following are tax measures that will

These days, smartphones and other devices have allow us to stay connected 24/7 even when you are out of the office. But have you considered at what point should you free yourself from them? Are you constantly checking your work

This joyous season might be your peak business period, or the contrary. With that, it is essential to plan well to ensure that your organisation is well prepared for it. You might find that some debtors might attempt to postpone

With the arrival of the festive season, it is common to express your goodwill and appreciation by providing gifts to your existing clients. And since gifts are business expenses, they are normally considered as tax deductible. Be aware that the

Here are some tips on how to obtain great ideas for new products: Run informal sessions between groups of customers and company engineers and designers to discuss problems and needs. Then brainstorm for potential solutions Allow staff to have their

Managing Director of Coles Supermarkets, Ian McCleod has a simple strategy to build up the business. Firstly, he himself acts as a quality controller by simply walking through Coles’ supermarket floors to check on its fresh produce, up to the

There has been a decline in litigation in the business community as more and more are choosing alternative forms to resolve disputes, to which in some cases, are in fact mandatory. All disputes relating to family law, for example, have

In a business context, ‘groups’ and ‘teams’ do not give the same meaning. It is often difficult to distinguish one from the other, hence management should define and clarify the difference. A ‘work group’ interacts primarily to share information and