Sorry to revive an old thread, figured it would be better then starting a new topic RE: Trademark If someone has registered a business name...
Thanks for this Terry - super useful information when first starting out
@Mike A , wouldn't the cycle just repeat itself once NewCo distributed its dividends to the same individual who owns OldCo and NewCo? Or is the...
Sorry i actually removed that line in my edit, the PSI test i did on the ATO website had yes to #2 and #3 - didn't change the result
I'll walk through what my understanding is: Results tests: Q1: Under your contract or arrangement, will you only receive payment when the work...
Little bit confused whether or not PSI rules apply Came across this comment; "I think because we are businesses, not contractors. We get paid...
@Paul@PFI Thanks Paul, reading up on that now
@Scott No Mates Good point, i suppose from my point of view i have set my self up with a long term vision, a sole trader setup would have done...
Company structure was chosen mainly for tax benefits and minimizing my exposure to liability risk, no spouse, ord shares issued, nothing else,...
Yep i am currently registered I haven't received one yet, i'm expecting one to come in soon so i was wanting to be prepared on how to treat it,...
I guess to simmer this down, i'd like to understand the transaction from start to finish with my example of being paid $10,000 in commissions...
Thanks Ross, appreciate the quick response too.. was actually hoping to learn how to do it myself as opposed to using accounting software, so i...
@Scott No Mates, thanks for the quick reply! Do you have a company or are you a sole trader/partnership? Company, Sole director/shareholder Is...
Hi all, Have tried searching but couldn't come up with anything The scenario below is in relation to a sole director/shareholder with no other...
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