Newcastle Accountants | Maitland Accountants | Bottrell Offices located in Newcastle, Maitland. Your local Accountants, Tax Agents & Advisors in Newcastle & Maitland.

Starting a business in Newcastle

  Starting a business in Newcastle, Australia, requires careful research and planning to ensure success. Key considerations include developing a business plan, determining financial needs, choosing the proper business structure and bookkeeping system, and seeking professional advice. By thoroughly preparing and seeking expert guidance, you can set yourself up for success as you embark on [...]

Claiming Website Costs

Claiming Website Costs Editor: The ATO is currently developing a public ruling on the deductibility of website development costs. In the meantime, it has provided the following guidance on its website. If a taxpayer incurs expenses creating or maintaining a website for their business, they may be able to claim the costs as a deduction. […]

Employee share scheme changes

Employee share scheme changes The ATO has announced via an article on its website that, from 1 July 2015, there are new rules for the tax treatment of employee share schemes, including tax concessions for start-up companies. The employee share scheme changes allow employees to now own up to 10% of shares in their employer […]

22nd Annual Small Business Awards

22nd Annual Small Business Awards The 22nd annual Hunter Region Business Excellence Awards closed on the Friday 24th July, with the presentation evening scheduled for Friday 11th September, 2015. Last year the judges were so impressed with the standard of the applications, and most scored over 200. No mean feat when you think that judging is carried out by 3 […]

Three more tax changes for small business

Three more tax changes for small business The government has introduced legislation for the following three small business measures that, if passed, will apply from 1 July 2015: A tax offset to individuals who run small businesses (with an aggregate annual turnover of less than $2 million), or who have a share of a small […]

How not to start a start-up

How not to start a start-up Here are five things you should never do when starting a business: – Launch without watertight paperwork, It doesn’t matter how brilliant your idea looks on paper, if you haven’t got all legal documents before trading, you are doomed. – Shirk good legal advice – Start trading without enough […]