Non-Resident Companies Tax

By Roger 13 December 2021Business, Company, income, Legal Entity, Non-Resident, Record-Keeping, register, Resident, Sophisticated Investor

non-resident companies Taxes on Corporate Income Resident vs Non-resident Companies that are residents of Australia are subject to Australian income tax on their worldwide income. Generally, non-resident companies are subject…

The right way to claim a tax loss

By Roger 12 October 2021Business, Can and Cannot, Company, Deductions, Expenses, income, Loss, Record-Keeping, Tax Loss, Tax Tips

Generally, you make a tax loss when your business expenses are more than your income. If you make a tax loss, you may be able to: claim it in the…

Art Industry Accounting

By Roger 26 July 2021Art, Business, Highlights, income, Individual, Uncategorized

Accounting and Tax can be a headache for the artists. It doesn't matter if you are an actor, singer, dancer, or working in the media or entertainment arts industries. Art…

Report Director use of the company’s money or assets – Method 4

By Roger 12 December 2020Business, Company, Franking Credit, income, Shareholders

Dividends If the director also a shareholder of the company. A company can pay a distribution of its profits to its shareholders, which is known as a dividend. The…