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Sole Trader to Company: Discover the key differences in tax, liability, setup, and obligations to see which structure suits your needs best.

Mortgage brokers help clients navigate the often confusing world of loans and connect them with the right lenders. With Australia's competitive property market, this service is invaluable. Whether it's first-time homebuyers or property investors, people need brokers they can trust. By starting your own mortgage brokerage, you not only help others secure their dream homes but also position yourself for a fulfilling and lucrative career.

Not sure why you have an unexpected tax bill? Learn the reasons why and how to avoid one next financial year.

Starting a property development business in Australia comes with many benefits, including potential high returns on investment, the ability to influence urban development, and the creation of long-term assets.

Tax planning, an essential component of running a small business. For small and medium enterprises (SMEs) in Australia, effective tax management is not just about compliance, it's a strategic tool that can significantly contribute to financial success.

Effective tax planning is essential for managing your tax obligations within Australia. By being proactive and understanding and utilising the strategies available, individuals and businesses can significantly reduce their tax liabilities. This guide offers practical advice on optimising tax benefits, while ensuring compliance with Australian tax laws. Engaging in proactive tax planning not only aids in maintaining financial health but also maximises potential savings.

An SMSF, or Self-Managed Superannuation Fund, is a superannuation fund where the member or members make all of the investment decisions themselves (hence “self-managed”). Unlike traditional superannuation accounts where your contributions are invested as the fund you’re registered with chooses, an SMSF allows you to guide your own investment decisions, giving you the ability to decide where your super is invested. This means more flexibility in investment strategies and potentially lower overall costs. SMSFs can have up to six members and they are regulated by the Australian Taxation Office (ATO).

An SMSF gives you the ability to choose how your superannuation savings are invested, providing greater flexibility and control over your financial future. But setting an SMSF up can be tricky. Let’s take a look at how to set up an SMSF, going through the process step by step.

Are you up to speed on Self-Education Tax Deduction rules?