The Hunter's leading Mobile Bookkeeping and Recruitment Services

Interesting Articles

Characteristics of a Business

Factors to consider when determining if your activity is a business or not include the following: Does your activity have a significant commercial character? Do you have more than just an intention to engage in business? Do you have the purpose...

More Info
The Canadian Economy

The Canadian Economy

The Canadian Economy The Canadian economy has entered recession, official figures have shown. Gross domestic product (GDP) fell by an annualised rate of 0.5% between April and June. That follows a contraction of 0.8% in the first quarter, meaning...

More Info
Registering a SMSF for an ABN

Registering a SMSF for an ABN

Registering an SMSF for an ABN Gavin: The ATO has provided the following advice regarding registering a SMSF for an ABN.  The guidance is probably most relevant where a person aged over 65, who is not working, wishes to set up a new SMSF and roll...

More Info
Case: PSI and the ‘results Test’

Case: PSI and the ‘results Test’

Case: PSI and the ‘results Test’ Gavin: It seems the ‘results test’ is a pretty hard barrier to get over. Here’s another example, with some lessons for the average punter. The facts During the 2011/12 income year, the taxpayer company (the...

More Info