Breaking a lease is a significant decision with legal and financial consequences.
A lease is a legally binding contract between a tenant and a landlord that outlines the terms and conditions of the rental agreement. Typically, leases are for…
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The popularity of the digital currency known as crypto often leads to many questions when it comes to tax time. However, it’s encouraged that you speak with your accountant about your obligations as soon as possible to be prepared for what…
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In Australia, the Pty Ltd Company (proprietary limited company) is one of the most popular business structures chosen by entrepreneurs and business owners. Pty Ltd companies offer both distinct advantages and certain disadvantages that individuals…
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Legal issues can arise from various angles in the business world, but one particularly significant concern is intellectual property (IP) rights.
Intellectual property encompasses creations of the mind, such as inventions, literary and artistic…
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Special provisions in tax law provide that certain items will never be tax-deductible.
Even if you have incurred this expense in earning your income, they will still not be tax-deductible. In total, there are 35 different items explicitly mentioned…
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Hiring and retaining top talent is crucial for long-term success. However, the journey doesn’t end once you hire the right candidate.
Effective employee onboarding ensures your new hires integrate seamlessly into your organisation, become…
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A Self-Managed Super Fund (SMSF) is a unique and increasingly popular retirement savings vehicle in Australia.
SMSFs offer individuals and families greater control, flexibility, and investment choices than traditional superannuation funds.
In…
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In the world of work, collaboration and teamwork are often the keys to success.
However, it’s not uncommon to encounter difficult colleagues along the way. These challenging individuals can make the workplace less enjoyable and hinder productivity.
Fortunately,…
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Starting a new business is a thrilling venture that can lead to personal fulfilment and financial success. While the journey is undoubtedly exciting, it’s essential to approach it with careful planning and a clear strategy to increase your…
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In our increasingly digital world, protecting financial information from identity crimes is paramount. Identity theft, fraud, and cyberattacks pose significant risks to your financial well-being.
To safeguard your assets and personal information,…
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Retirement planning is a crucial aspect of financial well-being, and for Australians, it holds particular significance due to the country’s aging population and changing retirement landscape.
To ensure a comfortable and financially secure…
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In the realm of tax law, a critical concept revolves around understanding the notion of “entities connected with you.”
This concept serves as a linchpin in several aspects of taxation, from determining one’s status as a Small Business…
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