The tax and GST implications of your property development.

What are the tax and GST implications of your property development

Almost everyone dreams of being a property developer, whether it’s finding a great parcel of land to build townhouses or subdividing the land they’re currently living on. But what are the tax implications of property development? Ignoring those who develop properties for a living (i.e. people who regularly buy and sell, or develop multiple properties) …

Xero has an (exciting) new feature relating to Business Activity Statements and Payroll

Gross Wages (W1) and PAYGW (W2) are now showing on the Business Activity Statements. For this to work you will need to complete the following steps: As this is a new feature in Xero you should still check the amounts on your Payroll reports agree to the amount showing on the Activity Statement report. You …

3 Reasons Personal Budgeting Is Brilliant, Not Boring!

If a business owner said to you that they run their business without a budget, what would you think? You’d think they were incompetent. Or perhaps lazy? Or both? But what do most families do? When you think about it, a family is actually a mini business. There is income, there are expenses and there …

SMSF seminar

If you’re thinking of using an SMSF, buying property in your SMSF or using LRBAs, this seminar is for you. Click here for event details.