Hayes Knight
News and interviews on Hayes Knight including trends, features, blogs and community conversations from an Australian business perspective.
Value-adding advisorsWednesday, 17 November 2010
Over the last month or so I've had a taste of what life must like for Anthony Robbins or Edward De Bono (or maybe not!) with a four-city tour of Australia speaking at CPA Australia's Congress events. ...
SMEs warned improper contractor arrangements can lead to big super and tax bills
Wednesday, 15 September 2010
Entrepreneurs who use independent contractors who work in a way very similar to ordinary employees have been warned that they may be liable for superannuation payments, payroll tax and other penalties if the ATO decides the contractor is actually an employee. ...
I want to minimise tax. How about an offshore company?
Monday, 21 June 2010
This article first appeared August 27, 2009. Dear Aunty B, My business is growing so I'm considering changing its structure. I'm looking for a structure that will provide asset protection and tax minimisation. ...
Another 15 tax tips from the experts
Tuesday, 01 June 2010
Last week SmartCompany revealed 15 of the best end-of-year tax tips from a panel of experts. But with June 30 now less than a month away, we know entrepreneurs are hanging for a few more. ...
15 expert tax tips
Thursday, 27 May 2010
It's that time of year again. Businesses across the country are dragging out boxes of receipts, log books and forms to make the most of tax time and avoid being slugged with a hefty bill. ...
Your tax questions answered
Monday, 24 May 2010
With just over a month left until June 30, entrepreneurs are scrambling to be ready for one of the most stressful events of the year – tax time. With this in mind, SmartCompany has asked tax expert Greg Hayes of Hayes Knight to answer your big tax questions. ...
Two thirds of SMEs could miss out on corporate tax cut
Tuesday, 04 May 2010
While small businesses may be happy to hear about a 2% cut in company tax in the Government's response to the Henry Review, the Opposition and some experts claim millions of small businesses will still miss out on any potential benefits. ...
Concerns grow at Henry Tax Review delay
Wednesday, 24 March 2010
The Government should no longer delay its response to the Henry Tax Review, with tax experts calling for its release before the May Budget so that it can be properly scrutinised by industry groups. ...
I want to be rich. How do I choose a planner?
Wednesday, 03 March 2010
Dear Aunty B, My husband and I have a growing small business that we have both been working full-time in for over two years. Up until now we have focused on reinvesting in the business but we think it's time to ensure that we are also building our personal ...
SMEs will struggle to access new R&D tax concessions
Monday, 21 December 2009
The Federal Government has applied the screws to the R&D tax concession program, tightening the eligibility criteria to such an extent, that it is likely far fewer SMEs will be successful in accessing any assistance. ...
Last days of the 50% investment allowance – the 10 big questions answered
Thursday, 03 December 2009
Time is running out for businesses with less than $2 million in turnover to take advantage of the Federal Government’s 50% investment allowance. ...
ATO cracks down on offshore finances
Monday, 05 October 2009
Taxpayers should be prepared to inform the Australian Taxation Office about any undisclosed offshore income before possible changes to the department's voluntary disclosure program come into effect. ...
Banks shy away from SME lending
Tuesday, 29 September 2009
What are the banks up to? I keep asking entrepreneurs and experts everywhere I go. Are we seeing the first signs that the banks are back lending to SMEs on reasonable terms - or any terms at all? ...
New tax laws will make it easier for SMEs to use tax losses
Wednesday, 23 September 2009
New amendments to the Australian Tax Office's recoupment laws will make it easier for SMEs to obtain a refund if they have incurred tax losses over the past seven years, experts say. ...
Low inventories mean companies should ramp up marketing to win sales: Experts
Friday, 04 September 2009
Companies that let their inventories run low are now importing stock and getting ready for a much better Christmas, report experts in the SME sector. ...
I want to minimise tax. How about an offshore company?
Thursday, 27 August 2009
Dear Aunty B, My business is growing so I'm considering changing its structure. I'm looking for a structure that will provide asset protection and tax minimisation. ...
How to get the 50% tax allowance
Friday, 12 June 2009
Businesses with annual revenue of less than $2 million are being urged to take advantage of the Government's special 50% investment tax allowance. The allowance was increased from 30% to 50% in the Federal budget as part of the Government's measures to simulate ...
Cashing in on the 50% rebate - here's how to do it
Wednesday, 13 May 2009
Businesses with annual revenue of less than $2 million are being urged to take advantage of the Government's increased investment allowance announced in the federal budget. ...
Cashing in on the 50% rebate - here's how to do it
Wednesday, 13 May 2009
Businesses with annual revenue of less than $2 million are being urged to take advantage of the Government's increased investment allowance announced in the federal budget. Federal Treasurer Wayne Swan said that the allowance will be extended from 30% to 50% ...
Budget 2009: 10 big issues to watch
Tuesday, 12 May 2009
In just a few hours, Treasurer Wayne Swan will hand down his second federal budget. He and Prime Minister Kevin Rudd claim it has been the toughest budget to frame in a lifetime, set as it is against a backdrop of the global financial crisis, rising unemployment, ...
