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Tips to be prepared when buying a property

Picture this. You’re in the market for a new home. You’ve been searching realestate.com.au and you have been chatting to Real Estate Agents for the past three months, but nothing has met your ‘dream home’ criteria. Then one day you find it – the perfect home, the...

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QBCC Licensing Requirements – clearing up the confusion

QBCC Licensing Requirements – clearing up the confusion

In January 2019, the QBCC introduced the new Minimum Financial Requirements (MFR) regulation to help ensure building contractors in Queensland have a strong and financially sustainable business, with an adequate level of working capital. The goal has been to protect...

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Small Business Series: Business Structures

Small Business Series: Business Structures

I’m wanting to start a business – What’s the best business structure for me?   So you’re thinking of starting your own business? Congratulations, this is an exciting step! You probably have a lot of questions running around in your head – what’s the right...

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7 tips on managing your cash flow

7 tips on managing your cash flow

Helpful tips to manage your business cash flow   Surprisingly, cash flow is an often neglected area of business. Not only is cash flow important for the long-term survival of your business, but it will also help to maintain healthy working capital to see you...

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Can I invest in a classic car through my SMSF?

Can I invest in a classic car through my SMSF?

A classic or collectable vehicle is classified by the ATO as a ‘collectable or personal use asset’. These also include things like artworks, jewellery, boats and wine. There are restrictions on investing in a classic car through your SMSF and investment in such items...

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What restrictions do I have on investments through my SMSF?

This is a question we are asked often from clients with a Self Managed Super Fund (SMSF) – “what restrictions on investments do I have?” As per the ATO website “all investments by your SMSF must be made on a commercial ‘arm’s length’ basis. The purchase and sale price...

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Thinking of opening a self managed super fund (SMSF)?

If you have ever thought about opening a Self-managed super fund, you may be thinking there are many advantages and benefits, and these are all positive. Remember however, there are professionals out there that specialize in self-managed funds for a reason. Getting...

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How do I find my lost super?

How do I find my lost super?

Finding lost super is easier than you think Your super is your hard-earned money. Sure, you might not be able to access it for many years, but it’s important to always keep track of your super. When retirement hits, you’ll be grateful for every cent. A few important...

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How can I voluntarily pay back JobKeeper?

This week, news came of a number of large organisations paying back JobKeeper payments, after recording large profits. Super Retail Group (owner and operator of a number of retail brands including SuperCheap Auto, BCF and Rebel Sport) announced on Monday that it will...

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Is agility the key to business success in 2021?

Is agility the key to business success in 2021?

Over the last few years, more and more businesses have adopted an agile mindset. In 2020, in particular, agility became one of the keys for business survival and success with COVID throwing curve ball after curve ball. So why is agility so important for businesses? In...

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ATO extends the working from home shortcut deduction

ATO extends the working from home shortcut deduction

Whilst life in Queensland seems to have returned to some level of ‘normal’, there are still many businesses with employees opting to work from home. With this in mind, the ATO has recently extended the shortcut method for claiming work from home running expenses. The...

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