Paris Financial
Two Directors is Wrong, Wrong, Wrong
I will give you a second strategy for asset protection in business. This one is really simple.
... read moreThe Fall Guy
We want nothing of any value in the fall guy’s name. Absolutely nothing! It’s not a perfect world. Bad things sometimes happen to good people. So if a business falls over the fall guy can go with it but hard earned assets built along the journey MUST be fully protected.
... read moreATO Changes for Building and Construction Service Clients
If you are running a business primarily in the building and construction industry and you make payments to contractors for building and construction services, you will need to lodge a Tax Payments Annual Report.
... read moreIt's All Your Fault - Part 2
I LOST ALL OF MY LIFE SAVINGS. The truth: it was all my fault and I had to take full responsibility because it was small business.
... read moreTax Services & Al
Recently the ATO commissioner Chris Jordan said a practice built on supplying “simple returns” needs to look at their business model. The ATO’s free products have come under fire by high volume tax agents, however, this is exactly the area where artificial intelligence will likely dominate and human intelligence may not be required.
... read moreDirectors found personally liable
A Fair Work Ombudsman v Step Ahead Security Services Pty Ltd & Anor [2016] FCCA 1482, (“the Company”) found the director Mr Jennings, personally liable for the Company’s failure to pay their employees in accordance with the relevant modern award.
... read moreTriple Tragedy – Capital Protection
This example is relevant to the importance of Wills as well as asset protection during your life.
... read moreKen Burk: Welcome to Paris Financial
We would like to extend a huge welcome to Ken Burk who joined our Paris Financial team in November 2016. As a qualified CA, Ken has many years of experience, providing quality taxation advice to a wide range of small to medium sized business clients.
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