The Empire Blog
Curated blog articles to help you keep you educated and informed in all things accounting, tax, bookkeeping and business related topics.
Curated blog articles to help you keep you educated and informed in all things accounting, tax, bookkeeping and business related topics.
Starting a company is an exciting step, but the order in which you register your business and make purchases can affect your GST claims. If you have paid for equipment or start-up expenses personally before your company was incorporated, you may be wondering whether those GST credits are lost.
Starting a business can be equally exciting and daunting. What may have begun as a side hustle can grow into something much bigger - and
eventually, you may reach the point where doing everything yourself is no longer sustainable.
For many small business owners, that next stage of growth brings an important question: should you hire your first employee or engage an
independent contractor?
For many small business owners, a new car is both a practical business tool and a significant financial commitment. One of the first questions we are often asked is: “Should I buy the car through my company, or should I own it personally?”
With the 2032 Olympics on the horizon and a decade of infrastructure spend rolling into the River City, Brisbane commercial property is
having its moment in the sun. And for business owners, one of the smartest wealth moves on the table is buying your own business
premises
inside your Self-Managed Super Fund (SMSF) – then leasing it back to your business. Rent you’d otherwise pay a landlord ends up building your
retirement nest egg instead. Genuis!
But – and it’s a big but – the rules changed on 10 August 2026. So before we get to the good stuff, let’s clear up exactly what you can and
can’t do now.
For Queensland builders, tradies and construction businesses, QBCC financial compliance is about more than completing another annual form. The financial position of a licensed business can affect its ability to continue operating under its contractor licence and take on work.
Are you sick and tired of being the side-piece? Has your Self-Managed Super Fund (SMSF) grown up and you strategy has become more sophisticated? Yet, you're still getting the same service? Well, we have some good news for you!