This article, tailored for business owners and written from an accountant’s perspective, provides insights into share ownership in a company. It covers the basics of shares, types of shares, identifying shareholders, issuing shares, rights and responsibilities of shareholders, share transfers, tax implications, and the importance of understanding the company’s structure. This understanding is crucial for managing business ownership, financial responsibilities, and legal compliance effectively.

This article, written from an accountant’s perspective, provides a basic overview of MYOB software, highlighting its key features, cloud-based convenience, integration capabilities, customisation, user-friendly interface, and tips for choosing the right product. MYOB is presented as a comprehensive solution for simplifying and streamlining business accounting practices.

This article, written from an accountant’s perspective, provides a comprehensive guide on amending a prior year tax return in Australia. It covers the possibility of amendment, reasons for doing so, the process, timeframe, potential outcomes, record keeping, impact on future tax returns, and the importance of professional advice. This is key information for taxpayers who need to correct or update previously filed tax returns.

This article, intended for individual taxpayers in Australia and written from an accountant’s perspective, addresses frequently asked questions about tax return deductions. It covers a range of deductible expenses, including work-related expenses, home office costs, car expenses, phone and internet costs, self-education expenses, medical expenses, charitable donations, investment-related expenses, union fees, professional subscriptions, and personal superannuation contributions. Understanding these deductions is crucial for taxpayers to effectively manage their tax obligations.