How do franking credits work?

Understanding Franking Credits in Australia: A Guide for Investors As a tax agent, I often encounter clients who view a large tax refund as a win. However, there are reasons why getting a refund is not always as beneficial as it might seem. Understanding the implications of a tax refund can lead to more effective […]
Tax on Water Rights

In Australia, water rights can be a significant asset for businesses, especially in agriculture and related industries. As an accountant, I assist clients in understanding the tax implications associated with water rights. The taxation of water rights is a specialised area, and it’s important for businesses to understand how these rules apply to them. Here’s […]
Using the Ten Hats in Business

In my experience as an accountant working with various business owners, I’ve observed that managing a business requires wearing multiple hats. This versatility is crucial for success, but it also presents unique challenges. Let’s explore the different roles or ‘hats’ you, as a business owner, might find yourself wearing.