Compliance

 

THE COST OF COMPLIANCE

To most of us, compliance means having to do the things that we do not perceive to be of value but HAVE to do because government says so. But you cannot just refuse to do it – so you may as well just grit and teeth and get on with it. In fact, many businesses are built around helping you to comply with your legal, corporate and tax obligations. So, the aim here is to show you how to minimise the cost of compliance to release your valuable time and money .

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************** Topic **************	************************* Title *************************	*********************************************************** Description ***********************************************************
Compliance Cost	How To Reduce Your Accounting Fees	If you have ever complained to your accountant that your “bill’s too high – I’ve got NOTHING for this”, then check this out … and next time you get an invoice from your Accountant, you will be in a better position to understand whether the invoice was reasonable and fair for the work they’ve done for you or whether they are simply “profiteering” from you … ??
Record Keeping	The Bare Minimum Business Records	Keeping business records … No business owner enjoys this part of the business but it must be done, and done well. Non compliance with the relevant tax and statutory authorities usually mean a lot of angst and expense fixing it later. Do you know what are the minimum records you must keep to comply with tax and statutory authorities?
Companies	Your Duties As A Company Secretary	If you operate under a company structure, do you know what your legal obligations are? For company officers, what does the law expect of you personally? What records must be kept by company officers? ... << Coming Soon >>
Trusts	Acting As A Trustee	Today many businesses, particularly in Australia, operate out of a trust structure. You should be fully aware of what a trust is and what your obligations would be as a trustee. Do you know what to do if you decide to resign as a trustee if you no longer wish to act? ... << Coming Soon >>