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Collison Accounting
| Old Bar | Mid North Coast |
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What to consider before taking out a business bank loan

moneyBy admin19 March 2020Leave a comment

Many businesses, whether they are only just starting up or have been in the market for a number of years, will need a bank loan at one time or another. However, before you apply for a bank loan, it is important to think things through to ensure that you know if you should get one,…

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Business loan vs business credit card

BusinessBy admin19 March 2020Leave a comment

Business loans and business credit cards are the most popular financing options, but there are key differences between the two that you should consider to help you make the right choice for your business. Business loanA business loan is a lump sum of money that you borrow. They can be a good option for your…

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Investing in shares vs property in SMSFs

SuperBy admin19 March 2020Leave a comment

Shares and property are two popular investment options for those with a self-managed super fund (SMSF). However, they both have very different attributes and choosing the one that will achieve the best outcome for an SMSF depends on your personal goals and situation. While the price of shares can vary drastically, property is a relatively…

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CGT exemptions have been scrapped. What does that mean for you?

TaxBy admin19 March 2020Leave a comment

Are you an Australian living or working overseas with a family home in Australia? Or you know someone who is? If so, be sure to consider the impacts of the capital gains tax (CGT) on you from 30 June 2020. Since 1985, the exemption of Australian expatriates from the CGT tax has been available for…

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