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Succession Plan

By Roger 14 April 2021Business, Asset Succession, Assets, business structure, Business Succession, Company, Deceased estate, Director, Insurance, Legal Entity, Succession Plan, Succession Planning

Succession Plan Be ready for the unforeseeable event. Imagine one day you cannot work or you might leave this world. Do you have a succession plan? The first question is,…

Stamp duty concession on death – NSW

By Roger 11 March 2021Assets, Business, business structure, Deceased estate, Highlights, Stamp Duty, Succession Planning, Tax Tips, Trust

What duties I need to pay when I inherited a property from my family. Stamp duty concession on death - NSW Death duties were abolished in NSW from 31 December 1981, and death duties on…

The times you cannot claim GST credit

By Roger 2 February 2021Assets, BAS, Bookkeeping, Business, Can and Cannot, Company, GST, Record-Keeping

GST credits you cannot claim You can claim GST credits for most business purchases. However, some things are GST-free or that you can't claim for various reasons. If your suppliers…

What is Fuel tax credits

By Roger 1 February 2021Assets, BAS, Bookkeeping, Cars, CGT, Company, Fuel tax credits, Motor vehicles, Record-Keeping, Tax Tips

What is Fuel tax credits? Fuel tax credits provide businesses with a credit for the fuel tax (excise or customs duty) that's included in the price of fuel used in:…