Good corporate governance is often viewed as important for large companies with an established board of directors. However, the principles that underpin good corporate governance can benefit any organisation, irrespective of size. Why is it then that the term governance often raises alarm bells with small business owners? Perhaps it’s the fear of losing control…
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Saving time and cost with tax
Various tax concessions exist that can save significant time and money, but they are often overlooked. You may want to save this article as a handy reminder to take advantage of these options whenever possible. Business-related legal fees are tax deductible irrespective of whether they are capital in nature, provided the total amount for the…
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ACC – Supporting your business to be safer
Every year quad bikes are a major cause of death and serious injury in rural workplaces associated with accidental rollovers. An average of five people die in work-related quad bike incidents every year. WorkSafe strongly recommends that crush protection devices (CPDs) are installed on all quad bikes used for work. ACC has collaborated with WorkSafe…
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Winding up a Company
If a company does not file its annual return with the Companies Office, it may be struck off from the Companies Register. This is sometimes used as a ‘short-cut’ method, rather than completing the short-form company liquidation process. However, this approach comes with some risks, for example, if a company is struck off the register…
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