SBS Accountants & Advisors
Searching for insightful accounting information? Latest in tax and business news? Or maybe you’re looking for advice on how to start your own business? You’re in luck.. This blog seeks to educate and inform entrepreneurs, business owners, as well as individuals, of everything tax related. We work diligently to provide the most up to date topics to keep our readers not only informed, but entertained as well.
|Posted on March 10, 2021 at 5:10 PM|
Valuing your business can be an important part of getting finance, attracting investors or selling.
Here are some suggested steps to help you through the process.
1. Prepare your business information
You’ll need a range of business information to value your business properly. If you’re selling, potential buyers may ask wan...Read Full Post »
|Posted on March 2, 2021 at 11:10 PM|
Changes to STP reporting concessions from 1 July 2021
Small employers (19 or fewer employees) are currently exempt from reporting ‘closely held’ payees through Single Touch Payroll ('STP'). Also, a quarterly STP reporting option applies to micro employers (four or fewer employees). These concessions will end on 30 June ...Read Full Post »
|Posted on February 28, 2021 at 10:15 PM|
If you are planning to start a business, there are certain factors you should consider before starting. The most crucial factor in choosing the type of business structure to conduct your business activity.
There are four main types of business structures.
- Sole Trader