Understanding Income Tax – A Guide for SME’s

I find that a large number of business owners do not completely understand how income tax works and therefore they focus on the wrong issues. In a typical conversation their overwhelming concerns are usually: I don’t want to pay tax. How can I save tax? Why aren’t I getting a tax refund? Once I help […]

Accounting Software vs Excel Spreadsheets for SMEs

A common issue we come across when working with SME business owners is the use of Excel spreadsheets (or worse a shoebox) instead of appropriate accounting software to manage their record keeping requirements.  When asked “Why do you manage your business this way?” we usually hear one of the two following answers: Because Excel spreadsheets […]

Is it possible to reduce your tax payments when Investing in Property?

Like it or not taxes are a part of the property landscape. It doesn’t matter if you are an investor or a home buyer, we get slugged. The biggest whack of the stick is a tax called stamp duty. The state governments issue this tax, therefore the amount and the way it’s implemented vary from […]

Tax Tips for Investors

Along with other investment markets, property tends to move in a recurring theme: boom, bust, recovery and growth. This cycle, however, is not reliable. While tax should never be the sole reason for any investment, it is helpful to review the taxation implications at each stage of the property ownership cycle.