Tag: tax advice

What Tax advice can assist in insolvency?

photo of person holding pen Mark is a member of the Tax Institute and will give you the tax related structuring advice that makes sense and provides maximum efficiency. Mark uses his MBA, knowledge of tax law and common sense to structure affairs to suit the taxpayers overall game-plan. In a recent case Mark found around $800,000 of legitimate tax deductions for a client, enough to make a very substantial difference to that client’s life. take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes. Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now Thanks, Mark Smith, Director

What is an ABN?

tax image

An ABN is a unique 11 digit number that identifies your business to the government and community.

It doesn’t replace your tax file number.

You can use an ABN to:

  • identify your business to others when ordering and invoicing
  • avoid pay as you go (PAYG) tax on payments you get
  • claim goods and services tax (GST) credits
  • claim energy grants credits
  • get an Australian domain name
Below is our video tutorial on why your business should have an ABN.

 

 

To take our free Business Health Check click here.

To schedule a free review of your current business structure click the following link: Book a meeting instantly

To view our knowledge base on registration requirements for GST click the following link: What is an ABN?

For any other questions chat with us now using the live chat icon in the bottom corner of your screen.

What are our advisory services

Mark Smith, founder

Mark Smith, our principal and key advisor, holds qualifications in both business and law.

Given this, together with his diverse wealth of experiences, in business and life, both in and outside of Australia, Business Asset Protection offers a suite of business law advisory related services across four core division:

  1. Structuring including tax advisory
  2. Pre-insolvency
  3. Insolvency
  4. Business excellence

Individual services include:

  • asset protection and business structuring
  • re-arranging unequal or problematic partnerships
  • managing collections of problem debts
  • arranging short or long-term finance
  • case management advice including arranging of representation
  • dispute resolutions
  • reviewing and reducing fixed costs
  • avoiding bankruptcy or corporate insolvency
  • structuring payment arrangements with creditors
  • reviewing book-keeping practices etc
  • completing forms
  • maximising government grants and more

 

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director