Tax Saving Hacks Many Businesses Often Miss
Did you know that 93% of small businesses overpay their taxes yearly? That’s almost like buying a lavish gift for someone you’ve never met! It’s understandable, though. With the complexityRead More
What is the Difference Between Wholesale and Retail AFSL Clients?
There are two types of clients when delivering financial services and it is important that you understand the difference. The two types are wholesale clients and retail clients. When applyingRead More
Loan Agreements — Safeguarding your Financial Interests
Any time you are lending or borrowing money, it is important to have a Loan Agreement in place clearly setting out the rights and obligations of both parties. This includesRead More
What is GST and why should I register for it?
What is GST? Goods and Services Tax (GST) is a 10% value added tax that is levied on most goods and services purchased in Australia. Usually, businesses who sell theseRead More
What requirements are needed for an AFSL?
If a business offers financial services, including advice, trustees, or other such products, they would need to be authorised to do so by ASIC under an Australian Financial Services LicenceRead More
What is Payroll Tax?
Payroll tax is a tax paid on employee’s wages. It only needs to be paid once a business’ total payroll amount exceeds the state or territory tax-free threshold set outRead More
What is AML/CTF?
And what does it Means For You if You Buy and Trade Cryptocurrency? Whilst cryptocurrency allows for quicker and cheaper international transactions it unfortunately allows for criminal activity through theRead More
Legal Ownership of NFTs
NFTs are a new and emerging tool that has significantly advanced the digital world. NFTs however can be complicated in the legal ownership aspect especially as they differ depending onRead More