General Accounting
Which Business Structure is Right For You?
It is important to consider the advantages and disadvantages of the various business structures available and to choose the best structure to suit your circumstances. So what are your options? Sole Trader A sole trader is the simplest and cheapest business structure you can select from as it has few legal and tax regulations. As a […]
Small Business Restructure – Capital Gains Tax Roll-Over Relief
Sufficient asset protection, estate planning and tax planning all stems from having the correct business structure. Not only does your choice of business structure affect the safety of your personal assets and your tax position but it also impacts the continuity of the business upon change of ownership and what registration processes you will […]
SuperStream Deadline Approaching!
The new way of processing Superannuation Payments is almost here. Are you ready? In its bid to streamline the processing of transaction for superannuation funds, the ATO has introduced SuperStream. The main aim of SuperStream is to ensure employer superannuation contributions are paid in a consistent, timely and efficient manner. The key component of SuperStream […]
Umbrella of Services
At Success Accounting Group we are passionate about promoting growth in our clients and our services go far beyond completing your financial reports. If you are not looking for a typical accountant to simply do your tax nor are you looking for a product focused financial planner check out our services that we proudly offer! […]
Keep Your Family Wealth in Your Bloodline
Are you aware that if any of your children have a failed relationship, their share of your family wealth could end up going to another family? This is very serious. You work so hard to build up your family assets. But what if any of your children are in a relationship, inherited family wealth […]
6 Reasons Why Businesses Fail and How to Avoid Being Next
Entrepreneurs are exposed to many risks when starting a business; foreclosure is one of the inevitable ones. Today we will go over 6 common pitfalls as to why businesses fail and how you can protect your prized business from being the next one. 1. A staggering 61% is the inability to manage costs – cost […]
5 Year Plan
Having a plan for 2016 and beyond ensures that you arrive at your destination. Be sure to contact the team to develop or revise your 5 year plan by scheduling an appointment. Look forward to seeing all our friendly clients in the New Year. Register for the free webiner here!
Minimise FBT at your Year-End Party
Did you have a great time with family & friends over the holiday season? Don’t want frustrating form-filling for FBT to ruin the holiday? We all like to party, but none of us want to pay Fringe Benefits Tax (FBT) if we don’t have to. So if you, as an employer, had a Christmas party […]
How to Escape the Rat Race
With the introduction of the new development, Success Business Accelerator, we are focusing on helping entrepreneurs increase their outputs by changing the way they approach their inputs. Running your own business should be a balance of work and play so escape the rat race and start doing something today that your future self will thank […]
Tax Planning Strategy #5: General Tax Planning Strategies
Lan Nguyen, Chartered Accountant General tax planning strategies for 2015. Now, tax panning normally involves bringing forth deductions or payments you might have made for things, into a period of time before 30th of June so you can claim this as tax deduction this financial year. For example, if you’re going to pay for some […]