|
For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what is your business really worth and what sets a high value business apart?  Every business owner is naturally curious about just how much their business is worth. However, for every business that sells at an attractive price, there are others that struggle to sell, let alone fetch a premium. The question is, what makes a difference?
0 Comments
The assault on professional services The ATO has signalled that it is willing to pursue professional services firms who divert profits to avoid tax. Two new cases before the Administrative Appeals Tribunal demonstrate how serious the Australian Taxation Office (ATO) is about making sure professional services firms - lawyers, accountants, architects, medical practices, engineers, architects etc., – are appropriately taxed.
What is Tax Planning, really? Well, it is not just about saving tax, that’s for sure! There are many elements to effective tax planning and astute taxpayers are encouraged to engage in this process every year. Why? Because your life and your business change each year, nothing stays the same. Especially at the moment while we are enduring a cost-of-living crisis.
|
AuthorHansens is a team of accounting professionals that love what we do. The observations and opinions in the articles written here, aim to challenge, inspire and provoke change into making your business better! Archives
February 2025
Categories |
RSS Feed
“Liability limited by a scheme approved under Professional Standards Legislation”
Site powered by addonsite