View a selection of articles and blog posts by Trak Accounting.
The small business owner differs in a number of ways from the managers of public companies or other types of organisations. These differences can go some way to explain both the strengths and weaknesses of the smaller firm.
Are you making the most of allowable tax deductions? Individuals can claim for general work-related expenses as well as occupation-specific expenses and working from home. Book a time now to prepare your 2021 tax and we’ll help maximise your return.
A major concern for many business operators is the expectation of policing vaccination status for both staff and customers.
Are you spending too much time on SMSF management? It’s not easy to get all the details right, especially if your fund has changed operations over time. Talk to us about managing your SMSF investments, assets, compliance, administration, and reporting.
Over the next decade, as the baby boomer bubble of small and medium sized business owners roll through the system, Australia will experience one the largest transfers of business wealth in its history. Succession planning is more important than ever. Not just because of the transfer of wealth, but because of the polarising impact of high supply and low demand on the saleable value of a business.