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What the “Cloud” means for Business Owners

“Cloud technology” has become a common term in IT jargon, but what exactly is it and how can it be used effectively by businesses.   The idea of “cloud computing” is to use the internet to access software rather than physically installing it on a computer. It is...

Capital Gains Tax Issues on Selling a Business

With an increasing number of small business owners reaching retirement age and looking to sell their business, it is important to properly deal with all of the tax considerations to maximise the after-tax sale proceeds.   For example, one tax concession that...

Pension deeming rates to be reduced

Clients on full or part government pensions will be pleased to know that the government will reduce pension ‘deeming rates’ to better reflect returns available to them from their financial investments.   Deeming rates reflect the standard rates of return that...

Payments for electricity generated from solar panels

More and more homeowners are installing solar panel systems in their homes.  In some cases, the solar panel system may produce more electricity than they consume.  If this is the case, the homeowner can often “sell” the excess electricity back to their electricity...