Roydon Snelgar

4 ways to protect yourself and your business from the coronavirus (COVID-19)

16 March 2020

Apart from the obvious health risks, the coronavirus will put many businesses at financial risk. The unfortunate reality is some businesses will not survive the coronavirus and will end up closing down. To help protect your business and reduce the risk/effect of the coronavirus on your business, you should:  Avoid unnecessary overseas travel – you…

SMSF carrying on a business

3 March 2020

Subject to compliance with the SIS Act and the sole purpose test, the ATO has confirmed that SMSF's can carry on a business. Although the most common businesses operated through a SMSF are either share trading or property development, other business ventures are possible. The advantages of operating a business through a SMSF include: Ability…

Personal branding

4 February 2020

Personal branding is the practice of people marketing themselves and their careers as brands. Personal branding is essentially the ongoing process of establishing a prescribed image or impression in the mind of others about an individual.   Tom Peter’s first wrote about personal branding in an article called ‘A Brand Called You’ in 1997. He said…

Deregistered company

27 January 2020

    A company may be deregistered after it is closed down (e.g. voluntary deregistration), liquidated (by the members, court or creditors) or struck off the register of companies by ASIC (e.g. for outstanding annual review fees). Once a company is deregistered:       It ceases to exist as a legal entity and can…

"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2