by C&N Accountants | Feb 26, 2024 | ATO, Business, Company Directors, Division 7A Loans, Small Business
Entrepreneurial ventures often commence with the business owner’s financial investment to fuel initial growth and operational stability. A recent legal proceeding underscores the necessity of navigating the complexities of tax legislation when managing company...
by C&N Accountants | May 5, 2023 | Company Directors, Division 7A Loans, Small Business, Small Business, Tax & Accounting
There are a myriad of ways business owners look for payback from a company they have invested their time and money into from salary and wages, dividends, jobs for underqualified family members to cash advances and personal expenses like school fees and entertainment...
by C&N Accountants | Nov 10, 2022 | ASIC, Company Directors, DirectorID
Time is running out to apply for a Director Identification Number – Director ID (fines from $13,200 apply for late applications). New rules require directors of Australian companies to obtain a Director Identification Number (director ID). It is a unique 15-digit...
