What is a subsidiary company?
It is often helpful for a business to divide up their assets and liabilities by creating new companies. This can be an effective way of limiting financial liability. The businessRead More
What is a unit trust?
A unit trust is a type of trust whereby the trustee holds trust funds or capital for the benefit of the beneficiaries.The interests of the beneficiaries are appropriated into fractionsRead More
What is a Bootstrapped Startup?
An important decision to be made when starting a business is whether to bootstrap or attempt to raise capital investment. Capital investment grows a startup through funding from external sources.Read More
Should I Set My Business Up as a Company?
Choosing the right business structure for your business is critical as your business structure will determine your tax rates, liability, asset protection, legal obligations and costs. What is a Company?Read 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
What are Smart Contracts and are they Legally Binding?
Smart contracts are computing programs that automatically execute all parts of a contract. They are also stored on a block-chain based platform. Implementing smart contracts into your business is usefulRead More
When do I have to pay employee penalty rates?
In Australia, employees may be entitled to higher rates and extra allowances if they are covered by an award, registered agreement or enterprise agreement. These penalty rates were introduced inRead More
How do I calculate company tax?
Many elements play a part into how much tax your business has to pay such as business income, deductibles, company type etc. Who pays company tax? Companies that are AustralianRead More