March 14, 2019

Recently I attended a small business function where a panel of entrepreneurs were revealing secrets to their success.  One ‘secret’ divulged in the interest of saving $$$ on tax was “to set up your business structure to be in line with your vision”.  In a room of over...

April 13, 2018

Generally, small businesses can claim a deduction for anything used in producing income.   Australian Accounting Standards refer to these deductions as “Expenses” (AASB).   Knowing what these expenses are and learning how to generate and analyse a profit and loss...

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