DFK Crosbie Blog
Nearly half of all charities in Australia operate with no paid staff according to the Australian Charities and Not for Profits Commission (ACNC). Its comprehensive Australian Charities Report 2016 further states there are nearly three million volunteers nationwide operating within Not for Profit... more
Family trusts and SMSFs carry their own benefits and disadvantages in providing a way to transfer and manage your family’s wealth. By weighing up the points of difference, you can choose the most appropriate option for you.
When it comes to how the super death benefit is paid out, there are specific tax implications involved which affect the amount a nominated beneficiary will receive.
In a situation where super is paid out after an individual has passed, it is generally split up into two components; taxable and tax-free. The tax-free portion
The Australian Taxation Office (ATO) has announced changes to the way GST is collected at property settlement.
According to the ATO, those purchasing new residential premises or potential residential land who are required to withhold part of the purchase price for payment (to the ATO) must submit a number of online forms. These forms... more
Australian Not for Profit (NFP) organisations may not be geared towards making money, and usually have different taxation obligations, but in many ways these entities should still be run as you would an enterprise. If you fail to take the governance and management of your charity group seriously... more
A clear and open strategy for your business comes from the top. Without a comprehensive overview of how fit-for-purpose your management structure and processes are, how will you know if your organisation is working to its full potential or not?
Medical business reports are powerful tools for any enterprise that wants to analyse how effective... more
When it comes to your advertising, don’t let your small business get caught out making false or misleading claims.
The Australian Competition and Consumer Commission (ACCC) has recently issued penalties to businesses unable to substantiate their claims about their products or services. The ACCC generally defines a claim... more
Rebranding your small business can be a tricky matter. When done well, it has the potential to help your business stand out from the competition bubble and expand your target market.
On the other hand, a failed rebrand can damage the reputation of your business, or even risk losing loyal customers who dislike your new
Although conflicts of interest are not uncommon in the workplace, they can be harmful to a business if they are not appropriately managed.
A conflict of interest exists when an employee’s private interests interfere with their performance of their duties. For example, it may give them a personal advantage. It... more