Survey reveals traits of successful small business owners

Fifty-eight per cent of successful business owners surveyed by Xero said spending time with family in the evening was crucial to their success.Twenty-eight per cent per cent said they turned off their phones and laptops after business hours.According to the study,...

Lawyer points to insurance issues for licensed accountants

David Court partner Holley Nethercote says most accountants won’t be able to provide class of product advice for insurance, but those who have chosen to obtain full ASFLs need to be aware of the common issues with insurance advice.In the past few years, a contentious...

Accountants warned on importance of scoping advice

Solicitor Jaime Lumsden Kelly from the Fold said it is very important that the client understands what financial advice is being provided when they receive advice services, because misunderstandings around this has the potential to lead to disputes.An important step...

Draft super reforms bring welcome CGT relief

DBA Lawyers director Bryce Figot explained that under the current law, if someone died with assets in an SMSF that were carrying an unrealised capital gain of $2 million, so long as the assets were supporting a pension upon death, the pension exemption would generally...