Want to know about the importance of small and large business accountants? Well, this informative blog is here to offer complete information to you.

The Government has drafted The Corporation’s Amendment (Similar Names) Bill 2012 to curb phoenix activity in Australia. Phoenix activity involves the intentional transfer of assets by a director of an indebted company at a price below market value to a new company, of which they are also a director. The indebted company is then placed

Tax planning for your acquisition can be a lot more complicated that what it looks like. Whether you are an employee, a baron or a high net wealth individual, tax planning is an important part of getting the legal clearance of your income and property. Silver & Young Chartered Accountants is predominantly an accounting firm

Tax planning for your acquisition can be a lot more complicated that what it looks like. Whether you are an employee, a baron or a high net wealth individual, tax planning is an important part of getting the legal clearance of your income and property. Silver & Young Chartered Accountants is predominantly an accounting firm

Amendments to tax laws by the Australian Taxation Office (ATO) aim to protect employees’ entitlements by making directors personally liable for any unpaid superannuation. Currently employees of failed companies may seek to recover their entitlements through the Government’s General Employee Entitlements and Redundancy Scheme (GEERS). However this does not include outstanding superannuation and is not

Making False Claims The carbon tax has been in place for a few months and businesses are beginning to more accurately estimate the effect it is having on their costs. Before blaming the carbon tax for a price increase however, business owners need to consider the Competition and Consumer Act 2010 (Cwlth). The Act states

As a small business owner you require an accountant who can manage all financial statements and reports. Silver & Young has the best small business accountants in Moorebank, Wetherill Park and in Liverpool. These professionals will provide supports as and when required, without the need for an annual subscription. We will ensure that consumer’s enterprise

If you are running a small business and wish to have excellent financial management, you should pay attention to hire professional small business accountants for they provide the highly needed services. Best part with such professionals is that they provide cost-effective solutions which can be compared to the expenses you incur when you hire a

2012 Changes To Small Business Depreciation Rules Since 1 July 2012 there has beeen significant changes to the small business depreciation rules. The amendments will apply to small business entities as defined in Section 328-110 of the Income Tax Assessment Act 1997 (Cwlth) that have an aggregated turnover of less than $2m for an income

The traditional wisdom says that though it is hard to accumulate assets it is even harder to maintain or sustain the same i.e. keep the same safe and secure for long term use. Nevertheless, if you have made successful life and generated lots of wealth/asset and you are unaware of the ways/methods to do asset