Due diligence when purchasing a business

Due diligence when purchasing a business

When considering to buy a business, it is essential to conduct due diligence to thoroughly investigate all aspects of it before making a binding decision to buy. The due diligence process involves the buyer making sure that they are not making a risky or poor...
Record keeping for investment properties

Record keeping for investment properties

When you own an investment property, it is important to keep records of all associated costs and expenses for the whole duration that you own the property. Good record keeping will not only help with tax time but also important when you want to sell your investment...
Changes to Queensland Land Tax Rules

Changes to Queensland Land Tax Rules

Changes to Queensland Land Tax Rules From 30 June 2023, land tax for Queensland landowners will be calculated based on their Australia-wide landholdings. Queensland land tax payable will still be based on the land value of the taxpayer’s Queensland landholdings...
Director Identification Number

Director Identification Number

Director Identification Number (Director ID) Overview As part of the new government program, Modernising Business Registers (MBR) introduced in 2020, there is a new requirement for all directors of a company to obtain a digital director identification (director ID) to...
Tax planning End of 2021 financial year checklist

Tax planning End of 2021 financial year checklist

With the end of the 2021 financial year approaching, we would like to draw your attention to some things worth considering as part of your year-end tax planning. As always, we are here to assist you. If you have questions about any of the strategies mentioned in this...
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