The sale of professional services firms often include a vendor finance arrangements, but beware the fineprint.
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Xero and Shopify come with inventory management software – a simple one, but one nevertheless. How far can they take you?
How do you structure a hobby farm in the most tax effective way? Here is Andrew Henshaw of Velocity Legal with more.
The timing of the declaration of trust over the LRBA property is crucial. Here is Geoff Stein of BWS Laywers with more.
The taxation of IP is about CGT, depreciation, instant asset write-offs and tax incentives. Here is Melissa McGrath with more details.
Intellectual property is a right. It is only property as such to the extent you have a right to it. Here is Melissa McGrath with more.
How to you expand into New Zealand? What GST and income tax implications does this have? Here is Mike Reddy of NZTax.com.au.
What happens to your tax position when you expand overseas? Here is Clint Harding of Arnold Bloch Leibler in Sydney with the anwer.
Investing in overseas shares through a company can result in withholding tax leakage as Clint Harding of Arnold Bloch Leibler will tell you.
How do you do an accounting podcast? Dan Osborne and Tim Garth of ‘The Two Drunk Accountants’ tell you in this episode.
In some ways CATS Accountants is just a normal practice with a turnover of $1m. But in other ways they are quite unique and unusual.
Child support payments – what to look out for? Simon Bacon of Manby & Scott is a family law lawyer specialising in child support arrangements, so perfect to ask how child support works.
How do you treat the US stimulus cheques in Australian tax returns? Seth Hertz of US Expat Tax in Sydney will give you the answer.
Property development within an SMSF can be done but is fraught with danger as Bryce Figot of DBA Lawyers will tell you.
Is it always true that losses need an FTE? Let’s talk about when an FTE makes sense and when it doesn’t.
In this episode Paul Mackenroth of Cleary Hoare in Brisbane goes through ten of your testamentary trust questions.
Finally, the last episode for 2020 – the Top 10 Podcasts for Australian Accountants 2021.
There has been a significant testamentary trust law change affecting how distributions to minors are taxed.
Will going AWOL save you money? What happens when your company keeps trading but ignores all ASIC and tax debts?
Tax software doesn’t get much limelight. But in this episode with Alan Fitzgerald it will.
Director penalty notices are the ATO’s tax collection tool of last resort to get what they are owed – by going straight for a director’s personal assets.
If you look at the work done in your practice, chances are trusts – especially discretionary trusts – take up a disproportionate amount of time.
For small to medium companies the size and type of company capital usually doesn’t matter. But sometimes it does.
What is the difference between company constitutions and shareholder agreements? Should you just have one or do you need both?
In this episode Geoff Stein of Brown Wright Stein Lawyers in Sydney will discuss 3 ways to save land tax.
How do you tell whether somebody is an intern or employee? Where does an intern stop and employee start?
In this episode Geoff Stein of Brown Wright Stein Lawyers in Sydney will discuss ways with you to reduce stamp duty.
Any company can do a share buyback. The question is just whether it should. Here is Emily Pritchard of ACIS with more.
There are two ways you can tax deduct your home loan, but they aren’t what you probably think.
Is your home-based business CGT safe? Or will you be hit with a huge tax bill when you sell your family home?
In this episode Emily Pritchard of ACIS walks you through 9 common issues around trust deeds.
This is urgent. Act before 31 December 2020 to avoid foreign trust status by default for discretionary trusts holding residential property in NSW.
Qualifying for the 15 year exemption depends on you passing the ‘in connection with your retirement’ hurdle.
Here are the 10 most important tax concessions announced on budget night 6 October 2020.
s109T is an issue when the recipient of a Div 7A loan isn’t a shareholder but minimum yearly repayments are financed via a dividend.
The Full Federal Court has overturned the Federal Court’s Eichmann Decision. Here is Andrew Henshaw of Velocity Legal in Melbourne with more.
What exactly does it mean for an asset to be used in the course of carrying on a business? This is the question the Eichmann case brought before the courts.
Your tech stack can be a waste of money or can propel you to the next level. It all depends on how you built it to do what.
To find a niche and grow a community in that niche will allow you to exponentially grow, as Aly Garrett in Adelaide will tell you.
Retirement villages come with long and confusing contracts in tow. Here is John Saunders with some insights.
Here is Paul Mackenroth of Cleary Hoare about what happened with the family provision claim in the Marsella case and how to avoid it.
The Marsella case changed forever how SMSF trustee discretion is exercised. Here is Paul Mackenroth of Cleary Hoare with more.
Jobkeeper 2.1 has two significant changes to Jobkeeper 2.0. What these are, Andrew Henshaw of Velocity Legal in Sydney will tell you in this episode.
What happens to pre-CGT company assets at the death of the original shareholder? Here is Paul Mackenroth of Cleary Hoare with the answer.
What is a special disability trust? What can or can’t it do? And why would you set one up? Here is John Saunders with some answers.
How much does it actually cost to build you a proper funnel that brings you clients?
In this episode Nathan Watt of Watson & Watt will tell you how he designed his lead funnel and grew to 100 client groups within 3 years.
In this episode Melissa Donnelly shares 12 insights about website design that you can apply to your own website.
The upcoming Jobkeeper changes will affect whether you continue to qualify and how much you get if you do.
The current COVID-19 crisis might make more businesses eligible for the small business CGT concessions due to lower market values.
Bucket company to the side or interposed holding company? Here is Geoff Stein of Brown Wright Stein Lawyers with some insights.
COVID-19 debt hibernation: All debts put into a box and locked up until 24 September 2020. Here is Ben Sewell of Sewell & Kettle with more.
COVID-19 tenancy law is fuzzy, so it all comes down to negotiation or – if you can’t agree – the tribunals, as Ben Sewell will tell you in this episode.
COVID-19 insolvency law is to help you survive. To get through this crisis alive. Here is Ben Sewell of Sewell & Kettle with the details.
Accounting expo tours are a new idea and a good one. Here are Amy Holdsworth and Ian Walker of Clarity Street with more.
What apps you would put around the core apps of your accounting practice? Amy Holdsworth and Ian Walker with more.
What apps should sit at the core of your accounting practice? Here are Amy Holdsworth and Ian Walker of Clarity Street with some insights.
How to run an offshore team? In three words – Make No Difference – treat your offshore team like your Australian team.
COVID-19 payroll tax relief will save you money. Andrew Fricot of Payroll Tax Solutions will tell you how much.
What options do you have and what does it cost? Here is Nick Sinclair of TOA Global with some insights.
Cherry pick from the big end of town. Here is Melissa Donnelly with 5 marketing hacks to learn from the big guys.
How to create killer content and deliver it. Here are 12 tips from Melissa Donnelly of Affinity Communications to do just that.
Contention marketing is a marathon. So choose a channel you enjoy. Here is Melissa Donnelly with some insights.
Converting conversations into clients takes skill. Some of us find it easy. Most of us find it the hardest part of it all. Here is Melissa Donnelly.
There are three new Jobkeeper rulings – PCG 2020/4, PSLA 2020/1 and LCR 2020/1. Here is Andrew Henshaw of Velocity Legal with the details.
What land tax and stamp duty surcharges does a foreign trust pay in Queensland, NSW or Victoria?
Things have become more flexible under COVID-19. In this episode Ben Thompson of Employment Hero will tell you how.
What did employment law before COVID-19 look like? Here is Damien Gooden of HR Central with some insights.
The JobKeeper alternative test might help you if you fail the primary turnover test. Here is Andrew Henshaw of Velocity Legal with more.
The Commercial Tenancies Code might be the lifeline you need. Here is Scott McKenzie of Velocity Legal with more.
The Jobkeeper rules are out – filling in a lot more gaps, still leaving some behind.
The number of measures is overwhelming. So let’s do a brief COVID-19 stimulus review – looking at everything that is on the table.
When the legislation for the federal COVID-19 cash flow boost first came out, some things were unclear, but have become much clearer now.
There are 4 super measures coming or already implemented that will affect your super. Here is Liam Shorte of Verante Financial Planning with more.
Marketing strategy and execution need to go together. One without the other is a Nothing – either a waste of paper or pointless action.
The federal COVID-19 stimulus bill is now law. Bob Deutsch will tell you how to calculate the cash boost – very different to what we all thought.
Why should I engage with you? This is a constant question in your clients’ mind. Here is Melissa Donnelly with more.
What are the most current changes around property and tax? Here is Bob Deutsch of The Tax Institute with some insights.
How do you ‘read’ an US individual tax return for Australian tax purposes? This is the question we asked Seth Hertz of Expat US Tax.
US v Australian tax for individuals – how is US tax different from Australian tax and vice versa? Here is Seth Hertz with some insights.
US citizens living in Australia are taxed on their worldwide income in Australia but also in the US. Here is Seth Hertz of Expat US Tax with more.
What does it actually mean when an app integrates with another app? Here are Jeffrey Atizado and Clinton Cowin with the answer.
What should your app ecosystem look like? Here are Jeffrey Atizado of SMB Consultants and Clinton Cowin of TradiePad with some things to ponder.
Clinton Cowin of TradiePad and Jeffrey Atizado of SMB Consultants share their insights as cloud integrators.
What are the three biggest issues around international tax at the moment? Here is Bob Deutsch with some thoughts.
If somebody offered you a way to claim your franking credits twice, would you do it? You might hesitate, but many European banks didn’t.
The AFR Top 100 Accounting Firms list makes an interesting read. Here is our interview with the AFR Professional services editor, Edmund Tadros.
In this episode Kathy Evans discusses pension and lump sum payments, deductibility of SMSF expenses as well as the SMSF look up.
Why an SMSF? In this episode Kathy Evans of Findex in Albury/Wondonga will list 15 factors to consider.
You don’t have to follow the LRBA safe harbour rules. But many do. Kathy Evans of Findex will walk you through the 7 safe harbour rules listed in PCG 2016/5.
The main residence exemption for foreign residents is changing as Andrew Henshaw of Velocity Legal will tell you in this episode.
What happens to the main residence exemption upon divorce or death? Andrew Henshaw of Velocity Legal in Sydney will give you the answer.
Doing AirBnb triggers CGT when you sell your home. Here is Andrew Henshaw of Velocity Legal in Sydney with more.
Matthew Taylor will tell you why the DIY sale of accounting practices is fraught with danger.
It takes a lifetime to build a practice. But just a few months to run it into the ground. So choosing the right buyer is crucial as Matthew Taylor will tell you.
A family allowance agreement might save your family a lot of money. Grant Abbott of Lightyear Docs and I love SMSF will tell you more.
Excess concessional contributions can work to your advantage. Here is Grant Abbott of Lightyear Docs and I love SMSF with more.
The appointor has the power to appoint and remove a trustee. Here is Grant Abbott of Lightyear Docs and I love SMSF with more.
Let these top 10 podcasts for Australian accountants inspire you. You never know where you find the answer you are looking for.
The Foreign Investment Review Board is to protect Australia’s national interests. Here is Simon Dorevitch with more.
Tax Talks is Australia’s tax news podcast for tax professionals. Informative, entertaining and free.