by Affinity | Jan 7, 2015 | Business eNews
A recent case before the Administrative Appeals Tribunal (AAT) involved a Company that had withheld nearly $850,000 in pay as you go (PAYG) withholding that it had deducted from its employees’ salaries and wages. It was obviously in some financial trouble, and failed...
by Affinity | Jan 7, 2015 | Latest News
For many people, the breakdown of a spousal relationship is devastating not only emotionally, but also financially, as assets are divided and property settlements are negotiated. Even in circumstances where the split is amicable, many couples have difficulty coming to...
by Affinity | Jan 7, 2015 | Latest News
Changes to superannuation law over the years have prompted more and more individuals to consider purchasing investments using a SMSF. Although the appeal is an easy one to appreciate from a tax perspective because of the lower 15% tax rate, tax should not be the only...
by Affinity | Jan 7, 2015 | Business eNews
Planning and preparation is the key to a successful sale or transition of ownership that gains maximum value for the owner. It can’t be done in a matter of months and developing a succession plan needs to be started years before retirement as it will take time to put...
by Affinity | Jan 7, 2015 | Business eNews
As a business owner or adviser, you know when the business is in trouble. Stress levels rise and sleep is harder to come by. Sales might start to slow and the bills begin to mount. Then your bank starts to ask some probing questions. Banks are highly active in...
