4 Types of Personal Insurance That Are Worth Considering

It’s easy to be wise after the event. Taking out certain types of personal insurance is being wise before the event!  What happens if you’re in a bad accident and need to take an extended period off work to recover? Or you were left permanently disabled – or worse? What would happen if you got sick and needed around-the-clock care for a few months? The more you have, the more…  Read more

Why Every Company Director Now Needs a Director ID (DIN)

If you’re a director of an Australian company—or you plan to be—please read on. All existing directors (and intending directors) of Australian companies should be aware that the Australian Government has announced the introduction of a new mandatory Director Identification Number (DIN) system. (You’ll notice the term director ID is also used for DIN.) This system is the initial step in the Modernising Business Registry (MBR) Program which has been…  Read more

Is it better to buy or lease a company vehicle?

If you need a car to operate your business, you may wonder whether it makes more sense to purchase or lease. On the one hand, if your business owns the car you’ll have a long-term asset and may qualify for more tax deductions. On the other hand, buying a car is a huge expense and monthly lease payments tend to be lower than car loan payments; they may also be…  Read more