Applications for a clearance certificate

Applications for a clearance certificate

When purchasing or selling a property or offering finance, you need a clearance certificate. A clearance certificate provides certainty to purchasers regarding their withholding obligations. It confirms the withholding tax is not applicable to the transaction. What is...

Weighing up the value of life insurance

It probably comes as no surprise to anyone that there is a significant under insurance gap between what we would need to maintain our standard of living should the unthinkable happen, and what we are actually covered for in the way of insurance. Australia is one of...

Travel Allowance Expenses

Broadly speaking, employees who travel overnight in carrying out their work are usually entitled to claim a tax deduction for the cost of meals, accommodation and/or incidentals (e.g., taxi fares) they incur in connection with that travel. If you have employees that...

Making someone bankrupt

If a person (or debtor) owes you or your business more than $5,000 you may be able to apply to make them bankrupt. Before making someone bankrupt If a person is having trouble paying their debts, they may approach you as a creditor for assistance. Creditors are...