Managing Division 7A Compliance for Private Companies in Australia
Managing Division 7A Compliance for Private Companies in Australia Division 7A Compliance sets rules for loans, payments, and other deals between private companies and their shareholders. These rules help prevent private companies from giving money or benefits that escape tax. For many firms, the rules can be complex and may lead to unexpected tax costs […]
The Impact of New Corporate Investment Tax Credits on Your Bookkeeping
The Impact of New Corporate Investment Tax Credits on Your Bookkeeping The government’s recent introduction and enhancement of Corporate Investment Tax Credits have major bookkeeping implications for companies that invest in capital property. These credits are not just about saving tax — they change how you must record what you buy, when you use it, […]
Maximize the Lifetime Capital Gains Exemption When Selling a Business
Maximize the Lifetime Capital Gains Exemption When Selling a Business Selling a business may feel like the biggest step an owner takes. Many owners want to keep more from the sale and look for tax rules that can help. One rule that can strengthen the value is the Lifetime Capital Gains Exemption. It can reduce […]
Year End Bookkeeping Checklist for Canadian Businesses 2025
Year End Bookkeeping Checklist for Canadian Businesses 2025 Running a business may sometimes feel smooth and sometimes rough. The last weeks of the year can shape how well the next one starts for your business. A clear Year End Bookkeeping Checklist can help Canadian Businesses go through records, reviews, and tax readiness tasks that can […]
Australian SMEs Can Future-Proof Their Bookkeeping with E-invoicing
Australian SMEs Can Future-Proof Their Bookkeeping with E-invoicing Bookkeeping with e-invoicing may guide many small firms toward more stable financial habits. Many leaders may see this shift as a step that can reshape daily work. When firms explore bookkeeping with e-invoicing, they may begin to sense an easier path with smoother records. This change may […]
Is Your 2025 Tax Return Deadline May 2026?
Is Your 2025 Tax Return Deadline May 2026? Filing taxes in Australia can feel hard for many. Knowing the May 2026 tax return deadline can cut stress and mistakes. People and firms may need to plan early to avoid late fines. Planning ahead may help track refunds and claims. It can also make it easy […]
Prepare for the 12% Super Guarantee Rate from July 2026
Prepare for the 12% Super Guarantee Rate from July 2026 The 12% Super Guarantee rate will affect how Australian businesses pay staff. Firms must check payroll, cash flow, and plans. This rate gives time to fix systems and keep work smooth before July 2026. Early action makes the change easier for both bosses and staff. […]
Tax Free Canada Carbon Rebate for Small Businesses in Canada
Tax Free Canada Carbon Rebate for Small Businesses in Canada When a small business tries to move ahead in a world that keeps changing at a fast pace, even a small credit or refund may feel like a gentle push. Somewhere in that context there’s the Canada Carbon Rebate, a program that may help small […]
Capital Cost Allowance and Immediate Expensing Rules Are Changing for Canadian Businesses
Capital Cost Allowance and Immediate Expensing Rules Are Changing for Canadian Businesses Running a business often means thinking about taxes, investments, and the cost of assets. In Canada, businesses have two main tools to reduce tax on capital purchases. These are Capital Cost Allowance and Immediate Expensing Rules. Both let you deduct the cost of […]
Canadian Businesses must know Mandatory Electronic Filing for GST/HST
Canadian Businesses must know Mandatory Electronic Filing for GST/HST Running a business often brings a variety of bills, forms, and numbers to track. Among these, GST and HST can feel challenging. Over time, the CRA has moved many filings online, and for some businesses, Mandatory Electronic Filing may no longer be optional. It would become […]
