Helping Melbourne small business cashflow – how to encourage customers to pay on time
Helping Melbourne small business cashflow – how to encourage customers to pay on time It is a courageous and credible decision to give up the certainty of a salaried wage paid on the X day of the month, every month, in return for the responsibility (and freedom) of running your own show. However, managing small business cash flow can sometimes be a juggling act, and it is certainly stressful […]
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Accounting and Medical Advice for new Doctors, Dentists & Medical Professionals in Melbourne
Accounting and Medical Advice for new Doctors, Dentists & Medical Professionals in Melbourne You have slogged it out at University for many years, survived days without sleep, countless unpaid placements and the internship years. Finally, you have started (or finished) your residency placements and the real dollars are starting to flow in to your bank account. Many Junior Medical Officers & Dentists start their careers with a base […]
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What is a novated lease?
What is a novated lease? Explained simply, a novated lease is a way for an employee to buy a new or used car, and have their employer assist in the organised repayment for that car to an agreed financial supplier. The way this is done is by the employer agreeing to make the repayment out of the employee’s pre-tax salary […]
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The Tax implications of being an Executor or Beneficiary of a deceased Estate
The Tax implications of being an Executor or Beneficiary of a deceased Estate Unfortunately, having to deal with managing a deceased estate is a task many of us will have to shoulder at some stage in our lives — but having some familiarity with what’s involved beforehand will hopefully ease the burden. It is worth remembering that the law that applies to the assets and income of a deceased person […]
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Maddern Accountants – June 2014 Newsletter
Maddern Accountants – June 2014 Newsletter With the imminent arrival of the new financial year, there are usually a few small changes in the tax system to get used to, but this year is an exception. We sketch out the post-July 1 tax and super landscape, but also list the government announcements from the Federal Budget that may also prompt a […]
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