Everyone has been scrambling for years to figure out a way not to pay taxes or to reduce taxes as…...
There are pro’s and cons for all our actions, privately or in business, and we must sit and think about…...
Many have their property in a trust and after creating a private foundation are looking for ways to move the…...
For those with a trust, you will know that the beneficiary is the one with the tax burden, so when…...
Effective date: September 29, 2023 – Updates to legal terms “We’re updating our legal terms to reflect improvements to our…...
Philippines notifies WHO it rejects the amendments to International Health Regulations “in toto”. We all know by now that every…...
What entity are you? If found this today while reading the Income Tax Assessment Act 1997; 960-100 Entities (1) Entity…...
A foundation is a pertual entity and can outlive any of its founders and members, as have many foundations throughout…...
The details on how to set up a new file for your bookkeeping has now been added to this site.…...
Choosing the right paper for your deeds is really important. We spent months researching deeds and bonds and have been…...
We all know the saying, don’t keep your eggs in one basket, and this means to spread your assets around…...
Do you need to give your bank a TFN or ABN or an exemption code when opening a bank account…...
Online Dictionary; in·dem·ni·ty (ĭn-dĕm′nĭ-tē) n.pl.in·dem·ni·ties 1. Securityagainstdamage,loss, or injury. 2. An exemptionfromliabilityfordamagesresultingfromspecifiedconduct, as in a contractindemnifying a partyfortheperformance of certainactions.…...
Carrying on the discussion about the Director ID (DID) and it being lawful or not. As we know it is…...
What exactly is a private foundation and is it a charity? The definition of a charity has been covered by…...
What is a Not-for profit organisation? A Non-Profit organisation is one that does not earn a profit at all. It…...
So then I wrote to the Attorney General’s Office to ask if the DID is in fact law? There was…...
While everyone is running around getting their knickers in a knot over the Director ID being enforced with heavy fines…...
Do we need a Directors ID? A Director ID is the same as a Tax File Number to contract with…...
What laws are your private company bound to? There is the Corporations Act 2001 and all updates made since, but…...