The objective of the Coalition, over time, is to reduce the overall tax burden on business and taxpayers, not to increase it.
Joe Hockey (1965–)
There comes a time in everyone's life when you think — even for just one moment — about running your own business. As a business owner myself I can tell you that running a business is gratifying and can offer you many rewards and benefits. But it brings with it quite a few nightmares along the way.
Before you get too caught up in complicated tax structures and tax planning, the first thing you must consider is whether you are actually running a business or merely practising ...