Alliance Accounting Articles

BUYING ROOMS: 3 TAX IMPLICATIONS MEDICAL PROFESSIONALS MUST KNOW

If you’re a medical professional looking to expand your practice, you may be considering buying more rooms. While this can provide you with many benefits, it’s not a decision to be taken lightly.

TAX PLANNING: HOW THE RIGHT ACCOUNTANT CAN HELP YOU LEGALLY PAY LESS TAX

With 30 June fast approaching, Australian business owners know that it’s tax crunch time again. Both businesses and individuals need to review their financial year to determine their taxable income and calculate tax deductions.

HOW AN ACCOUNTANT CAN HELP YOU WHEN STARTING A MEDICAL PRACTICE

If you’re still in the early stages of starting a medical practice, you might still be in the decision-making phase. If this is the case, and you’re trying to decide your first steps, an accountant can help you.

WHAT CAN BE DEDUCTED IN A BUSINESS?

As the financial year ends, our accountants have prepared an updated guide on a few items that will assist in minimising the stresses of preparing your taxes. The guide includes some of the latest announcements by the Government.

TAX PREPARATION: WHY YOUR BUSINESS NEEDS PROFESSIONAL HELP

If it were, people and businesses wouldn’t try so hard to delay it for as long as possible. There are just so many things to consider during tax preparation: transactions, investments, occupation-specific deductions, life situations, etc.

HOW TO CALCULATE CGT: EVERYTHING YOU NEED TO KNOW

CGT can add up to quite a lot of money when you sell a property or asset. This is why it is so important to calculate it in the right way. Take a look at our guide and do just that.

BEST 5 BUSINESS TAX TIPS FOR EOFY

It comes around the same time every year; however, the End of Financial Year (EOFY) always seems to surprise us with how quickly it arrives at our doorsteps! And because of that, a lot of businesses get caught unawares by just how much they need to do – in a short space of time – in order to really minimise their tax bill.

CFO OR BUSINESS ADVISER: WHICH ONE IS TIGHT FOR YOUR BUSINESS?

Do you need a CFO to oversee your business, or is it better to outsource to a business advisor? It all depends on your business set-up and circumstances.

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