Posts by Success Tax Professionals
Unlimited Public Companies with a Share Capital
An unlimited public company is a public company whose members have no limit placed on their individual liability to contribute to the debts of the company.
Read MorePublic Company Limited by Guarantee
A public company limited by guarantee is a specialised form of public company designed for non-profit organisations.
Read MoreNo Liability Companies
A no-liability company is a limited liability public company whose principal activities are restricted to mining or oil exploration.
Read MoreSexually Transmitted Debt
Sexually transmitted debt is where one person in a relationship becomes responsible for their partner’s financial debts usually after being convinced or misled into taking on debt in their own name, sharing the responsibility, or taking on more risk than they knew about. Nationally, one in six women and one in 14 men have reported…
Read MoreHow to Grow Your Fees 31% in a Year
The ten fastest growing accounting practices in the Success Tax Professionals group increased their fees by an average 31% for the 2019 financial year. We asked them how they achieved these results. This is what they had to say: ‘My booking system is online and automated so clients can book anytime and anywhere,’ Kervin Kupp…
Read More5 Marketing Strategies to Grow Your Fees
Here are our top 5 marketing strategies to grow your business today. These strategies will stand the test of time regardless of changes in technology and the macro market. Service existing clients The most important customers are the ones you already have. Grow your fees with existing customers; Upsell by offering value adding services such…
Read MoreUnlimited Proprietary Company (With a Share Capital)
An unlimited proprietary company is a private company whose members have no limit placed on their individual liability to contribute to the debts of the company. As a consequence, the company is exempt from the prohibition on reduction of capital (s258A), which means money can be easily taken out of the company’s capital base. The…
Read MoreSoftware Review – Xero Tax
Andy Asiandi, (Payneham, SA) reviews the Xero Tax software. XERO Tax advantages: Free for Bronze Partners. Xero tax returns integrate nice and easily with the ledger software (which is important as over 900,000 Australian businesses now use XERO for their bookkeeping and payroll). Since 1 July, prefill available (Including Private Health Insurance). Ease of use,…
Read MoreATO Help for Drought-Affected Businesses
The ATO has a variety of measures in place to help drought-affected taxpayers in financial hardship to manage their tax.
Read MoreAustralia’s Company Tax Rate Must Fall to 20 Percent
Without a doubt, if Australia’s company tax rate stays at the current 30% rate, then future overseas investments in Australia will be impacted and reduced.
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