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Claim Tax Deductions for Business Vehicles in Australia
A lot of people travel for work-related purposes, from visiting clients and attending meetings to purchasing office supplies and participating in conferences. Many business owners believe that buying a vehicle through their company will result in significant tax...
Property Management Data Matching: Helping Property Owners Get It Right
As an investment property owner, keeping up with your tax obligations can feel overwhelming, especially with recent changes to the property management data matching protocol. This extension means that the ATO is now receiving more detailed information about your...
Are Your Accountant Fees Tax Deductible to your business?
If you’re thinking about engaging an accountant to provide you with some advice or help you with your taxes, you might be wondering whether their fees are tax deductible or not. In many cases, they most certainly are. However, there are some strict rules to follow and...
FBT With Festivity? Bringing Cheer To Tax
When running a business, creating a positive and engaging environment for your employees is key to success. Whether you’re throwing a Christmas party, organising a recreation day, or hosting a seminar, these events can boost morale and strengthen your team. However,...
10 Steps To Navigating A Deceased Loved One’s Tax Obligation
Losing someone close to you is one of the hardest things we go through in life. During such times, dealing with practical matters like tax can feel overwhelming. But remember, you don't have to handle everything at once, and you certainly don’t have to do it alone....
What Is Business Accounting and Why Is It Important?
Whether you’re an experienced business owner or an entrepreneur getting your first business off the ground, navigating the financial side of things can be tough. If you don’t understand accounting well, there’s a real risk that your business’s finances could be...
Separating personal and business expenses
There are some things in life that go together well and others that definitely do not. Business and personal finances are in the category of items that should not be mixed. Although it may seem like a headache to keep them separate—who wants to manage all those bank...
Does your small business need accounting software? Here’s why Xero is the best option
Running a small business comes with a lot of responsibilities, and managing your finances is one of the most critical tasks. From tracking income and expenses to managing payroll, taxes and invoices, efficient accounting is essential for business growth and...
Unlocking Tax Savings For Your Business
When running a business, understanding what expenses are tax deductible can significantly impact your bottom line. Here’s a guide to help you navigate through some common business expenses and whether they are tax deductible. Are Business Assets Tax Deductible? Yes,...
Keeping Wealth In The Family – A Baby Boomers Guide To Inheritance
As Australia’s wealthiest generation, the Baby Boomers, enter retirement, many are starting to consider the fate of their wealth after they pass away. Their children are expected to be the primary beneficiaries of an estimated $5 trillion wealth transfer. However,...
Claim Tax Deductions for Business Vehicles in Australia
A lot of people travel for work-related purposes, from visiting clients and attending meetings to purchasing office supplies and participating in conferences. Many business owners believe that buying a vehicle through their company will result in significant tax...
Property Management Data Matching: Helping Property Owners Get It Right
As an investment property owner, keeping up with your tax obligations can feel overwhelming, especially with recent changes to the property management data matching protocol. This extension means that the ATO is now receiving more detailed information about your...
Are Your Accountant Fees Tax Deductible to your business?
If you’re thinking about engaging an accountant to provide you with some advice or help you with your taxes, you might be wondering whether their fees are tax deductible or not. In many cases, they most certainly are. However, there are some strict rules to follow and...
FBT With Festivity? Bringing Cheer To Tax
When running a business, creating a positive and engaging environment for your employees is key to success. Whether you’re throwing a Christmas party, organising a recreation day, or hosting a seminar, these events can boost morale and strengthen your team. However,...
10 Steps To Navigating A Deceased Loved One’s Tax Obligation
Losing someone close to you is one of the hardest things we go through in life. During such times, dealing with practical matters like tax can feel overwhelming. But remember, you don't have to handle everything at once, and you certainly don’t have to do it alone....
What Is Business Accounting and Why Is It Important?
Whether you’re an experienced business owner or an entrepreneur getting your first business off the ground, navigating the financial side of things can be tough. If you don’t understand accounting well, there’s a real risk that your business’s finances could be...
Separating personal and business expenses
There are some things in life that go together well and others that definitely do not. Business and personal finances are in the category of items that should not be mixed. Although it may seem like a headache to keep them separate—who wants to manage all those bank...
Does your small business need accounting software? Here’s why Xero is the best option
Running a small business comes with a lot of responsibilities, and managing your finances is one of the most critical tasks. From tracking income and expenses to managing payroll, taxes and invoices, efficient accounting is essential for business growth and...
Unlocking Tax Savings For Your Business
When running a business, understanding what expenses are tax deductible can significantly impact your bottom line. Here’s a guide to help you navigate through some common business expenses and whether they are tax deductible. Are Business Assets Tax Deductible? Yes,...
Keeping Wealth In The Family – A Baby Boomers Guide To Inheritance
As Australia’s wealthiest generation, the Baby Boomers, enter retirement, many are starting to consider the fate of their wealth after they pass away. Their children are expected to be the primary beneficiaries of an estimated $5 trillion wealth transfer. However,...
Guide to Preparing a Medical Practice Business Plan
This Guide to Preparing a Medical Practice Business Plan has been developed to assist both doctors and practice managers understand the potential of their practices. It contains numerous practical tips and advice and identifies the main issues connected to planning and successfully running the practice. It has been identified as an area where practice managers and doctors alike have a keen interest, and a lot of important information is contained in the guide.
Starting a Medical Practice
Starting a practice is probably one of the most significant professional decisions a doctor will undertake during their professional life. “Starting a practice” or to “Buy into an existing practice” is a common goal for many doctors and health professionals.
Buying an Established Medical Practice
Buying a practice should be the best investment for a GP. A mark of a good practice is a demonstrable ability to produce an above average return for its owners. Prospective buyers will be prepared to pay a premium over the value of the practice’s tangible assets to receive that above average rate of return.
![What Is a Discretionary Trust? [Video]](https://curveaccountants.com.au/wp-content/uploads/discretionary-trust.jpg)
What Is a Discretionary Trust? [Video]
Using a discretionary trust enables income to be distributed to companies and trusts associated with family members. A discretionary trust enables income with different tax characteristics to be streamed to family members individually. The structure can also be applied to non-family beneficiaries.
10 Principles of Investing
We stand by our ten principles of investing, and they have been our investment philosophy for more than a decade.
Video: 5 Things to Consider Before Hiring for your Medical Practice
Staff are easy to hire but not so easy to fire. This video outlines the considerations you should take when hiring for your medical practice.
Video – Industry Super Funds are Good
Why choose industry super funds? This video introduces industry super funds, the life insurance they offer, investment options and more.
What Are Exchange Traded Funds? (ETF’s)
An introduction to ETF’s (Exchange Traded Funds), their benefits, risks and opportunities.
Video – First Priority: Pay Down Non-Deductible Debt
We are often asked by clients whether it’s more important to reduce non-deductible debt or whether building wealth and investments outside of the family home is more beneficial. The most common compromise to paying off non-deductible debt is making concessional super contributions instead.
Single Touch Payroll – Are You Ready?
Single Touch Payroll (STP) is the new streamlined system for the ATO to receive payroll and superannuation data from employers. Those employing less than 20 staff will need to comply from 1 July 2019.