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Bruce Mulvaney & Co​

 

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Hawthorn, Vic, 3122

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News and Publications

October 15, 2015

The ATO regularly produces informative videos to help you navigate key events in running a SME business.  

 

This short presentation shares some of the actions you need to take and aspects you should be aware of when closing, selling or changing your business structure:

 

 

 Summary

 

1.  You need to cancel your ABN after you’ve sold or closed your business.

 

2.  You may also need to cancel your ABN if your business structure changes – for example:

 

  • sole trader to a partn...

October 9, 2015

Did you know that directors are legally liable for pay as you go withholding and super guarantee charge payments?

 

Most people don’t realise that they can potentially be held personally liable for the debts of their company during the time they’re directors – even if they’re silent directors, or later leave the company. It is therfore very important that directors know their responsibilities and obligations as a company director.

 

To keep the business community informe...

October 5, 2015

One of the primary reasons small and medium sized businesses seek out the assistance of an accountant is to help them establish their business structures as tax effectively as possible. Other business owners try and setup their affairs themselves, often with only anecdotal knowledge of the corporate and tax law frameworks within which they operate.

 

For example, increasingly entrepreneurs appear to be trying to secure the talent they need by offering income splitting...

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