Dec 11, 2024 | Family Business, Family Trusts, Taxation
How a Family Trust Can Offer Tax Benefits for Australian Families Ever wanted to know more about family trusts? Family trusts are a versatile financial tool for Australian families looking to manage wealth efficiently, secure assets, and reduce tax liabilities. These...
Nov 26, 2024 | 24-25 Financial Year, Small Business, Taxation
The Importance of Strategic Tax Planning Now for the Final Six Months of FY2025 Article by David Apps, Director, TSP Accountants & Business Advisors. Connect with David here on Linkedin As we enter the final six months of the 2024–2025 financial year, Australian...
Nov 19, 2024 | Small Business, Taxation
Guide to Christmas Tax Deductions for Parties, Staff and Client Gifts By Deidre Molloy, Director, TSP Accountants & Business Advisors. Connect with Deidre on Linkedin With Christmas just around the corner, I know many of us are excited to show appreciation to our...
Oct 18, 2024 | Small Business, Succession Planning, Taxation, Trust Accounts
Family trusts can be an important tool for protecting and distributing wealth within families in Australia. Whether you’re interested in shielding your assets, benefiting from tax advantages, or simply planning for the future, a family trust offers an effective...
Oct 4, 2024 | Bookkeeping, Business Growth, Small Business, Taxation
By Peter Woodford, Associate, TSP Accountants & Business Advisors Accountants vs Bookkeepers If you run a business in Newcastle or the surrounding areas, you know how important sound financial management is to your success. One of the cornerstones of financial...