Welcome to Cotchy’s series ‘ U R the bank’. In this episode, Pat Mannix will chat about Developing Family Wealth.
Follow each episode to find out how you can be your own bank, develop your own property portfolio, and protect everything.
U R the Bank Series | Episode #1 – Developing Family Wealth Read More »
Any business can make a loss. You generally make a tax loss when the total deductions you can claim for an income year exceed the total of your income for the year. Your income includes both assessable and net exempt income.
Made a business or non-commercial loss? Read More »
Have you got your Director ID? The deadline for existing directors of Australian companies to obtain a Director Identification Number is 30 November 2022.
30 November director ID deadline Read More »
Inflation will stay higher for longer than originally anticipated. As a result, interest rates are expected to continue to increase, albeit at a slower rate, with the RBA resetting their view along the journey.
How high will interest rates go? Read More »
Federal Budget October 2022 overview: This budget appeals to families, patients accessing medicines, renters and home buyers, and those in vocational training.
2022-23 October Federal Budget | Winners & Losers Read More »
Pat Mannix is launching a new series called U R the bank! Follow each episode to find out how you can be your own bank, develop your own property portfolio, and protect your assets.
U R the Bank Series Read More »
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. Two investment ‘boosts’ will be available to small and medium businesses with an aggregated annual turnover of less than $50 million
120% deduction for skills training and technology costs Read More »
We’re often asked the best way to sell a business. There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market.
How to sell your business Read More »
Income and tax deductions from rental properties is one of the four key areas the Australian Taxation Office (ATO) is focusing on this tax time. It’s an area that’s easy to get wrong, and needs extra care when lodging.
Tax time focus on rental property income and deductions Read More »
If there’s one thing that I have realised in over 30 years of dealing with small business, in particular growing small businesses is that it takes a long time to survive and thrive.
Will your business survive, thrive and be ever alive? Read More »
