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What can you Tax-Deduct when Starting a Business?

If you’re starting a new business, changing the ‘business structure’ (like incorporating it), raising capital (equity), or even trying a takeover or defending against one, you can tax-deduct the professional (legal, accounting etc.) expenses associated with the process. These expenses cannot include asset depreciation or are deductible anywhere else in
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Recent Cases: Directors Legal Liability for the Wrongs of the Company

The way that courts are looking at directors’ duties these days, you have to look at the whole situation the company is in. Particularly as directors can become personally liable for decisions made in their capacity as a director of an Australian company. This applies to all the duties of
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