by Greenhalgh Pickard | Feb 23, 2021 | Blog, Uncategorised
In January 2019, the QBCC introduced the new Minimum Financial Requirements (MFR) regulation to help ensure building contractors in Queensland have a strong and financially sustainable business, with an adequate level of working capital. The goal has been to protect...
by Greenhalgh Pickard | Feb 2, 2021 | Uncategorised
I’m wanting to start a business – What’s the best business structure for me? So you’re thinking of starting your own business? Congratulations, this is an exciting step! You probably have a lot of questions running around in your head – what’s the right...
by Greenhalgh Pickard | Feb 2, 2021 | Uncategorised
Helpful tips to manage your business cash flow Surprisingly, cash flow is an often neglected area of business. Not only is cash flow important for the long-term survival of your business, but it will also help to maintain healthy working capital to see you...
by Greenhalgh Pickard | Jan 28, 2021 | Blog, Uncategorised
A classic or collectable vehicle is classified by the ATO as a ‘collectable or personal use asset’. These also include things like artworks, jewellery, boats and wine. There are restrictions on investing in a classic car through your SMSF and investment in such items...
by Greenhalgh Pickard | Jan 28, 2021 | Uncategorised
This is a question we are asked often from clients with a Self Managed Super Fund (SMSF) – “what restrictions on investments do I have?” As per the ATO website “all investments by your SMSF must be made on a commercial ‘arm’s length’ basis. The purchase and sale price...
by Greenhalgh Pickard | Jan 24, 2021 | Uncategorised
If you have ever thought about opening a Self-managed super fund, you may be thinking there are many advantages and benefits, and these are all positive. Remember however, there are professionals out there that specialize in self-managed funds for a reason. Getting...
