Search results

In this case she would be acting as a sole trader rather than an employee, as she does with other people she works for, sole traders don't have to register for GST until their turnover is over 75000p/a AFAIK. Hard to say if she would be breaching financial services or tax agent service laws...

Hi Paul, thanks for your input, the reason I started the thread was because it sounds like a scheme to me too but like I said an article in API sugggested it was possible so I though I would bring it up. As I stated in my first post she already has an ABN number and does book keeping for...

I was thinking 1 hour per month per IP, not much but it all adds up. The list of tasks involved would be something like; Check monthly invoice recieved from PM matches money put into bank account. Check management charges from PM are accurate and calculated correctly. Check any...

Something I read in this months API magazine alluded to being able to pay my spouse to do work on our IP which is owned solely in my name. The basic plan would be to pay my wife a small fee each month for book keeping for our IP, soon to be 2 IPs both owned 100% in my name. She already has...