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Architecture

Understanding Workers' Compensation in NSW: What You Need to Know About iCare, Wages Declarations, and Premiums

Stay on top of your iCare workers' compensation policy by lodging accurate wage declarations, reviewing your industry classification, and proactively updating workforce changes to avoid inflated premiums and costly mistakes.

Architecture

2025 Federal Budget Report | Overall Analysis and Implications for Small Business Owners

The 2025 Federal Budget delivers new opportunities and challenges for small businesses—our latest breakdown highlights what it means for planning, tax strategy, and compliance in the year ahead.

Architecture

Motor Vehicle Use for Tax Purposes in Australia (2024-25 Update)

Explore the latest methods and rules for claiming motor vehicle tax deductions in Australia for the 2024-25 financial year, including updated depreciation limits and exemptions.

Architecture
Tax and Accounting
Jan 15, 2025

Borrowing from a Bank vs Borrowing from Your Own Private Company (Division 7A) – Pros and Cons

Deciding between borrowing from a bank or your private company under Division 7A? This article breaks down the pros, cons, and tax implications of each option to help you make an informed choice.