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The Tax Implications of Uber
As Uber continues to grow in popularity more and more Australians are taking up driving for the San Francisco based company. As with all income producing activities in Australia, it is important to understand the tax implications involved in driving for Uber and participating in the ride sharing economy.
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ATO Targets Holiday Homes
The ATO has issued several statements confirming to both tax agents and the general public, that they intent to target holiday home rental properties this coming tax year.
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Novated Lease or Bank Loan for your new vehicle?
Are you looking to buy a car? We look at the advantages and disadvantages to two possible options you may consider or which may be ....
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What is Personal Service Income (PSI)?
A common issue that we are asked to advise on is Personal Service Income and that of its disadvantages.
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Bitcoin & The ATO
Due to the popularity of digital currency the ATO now recognises Bitcoin and the role it is playing in Australian Business Transactions.
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Are you adequately insured?
It is integral to have insurance to hedge yourself and your business against risk exposure.
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Tips for finding the right accountant
Finding the right accountant is often easier said than done. The team at GMD Chartered Accountants share their top tips on finding the right accountant for your business:
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Should you upgrade from a sole trader?
Here at GMD Chartered Accounting Services, we are often asked, "should I upgrade from a sole trader?" The question whether or not you should upgrade from a sole trader is a complex one. We have outlined below some basics surrounding upgrading your sold trader status.
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