Resource Library
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Running a Caravan Park: Key Tax and Accounting Questions
Caravan parks can combine tourist stays, permanent residents, cabins, privately owned dwellings, utilities and ancillary services within one operation. This Resource explores the accounting, GST, asset, staffing and commercial questions operators should consider.
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Can an SMSF Buy Property? Rules, Borrowing Limits & Key Questions
SMSFs can invest in property, but the rules around borrowing, related parties, liquidity and fund strategy need to be understood before you proceed.
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Can AI Do My Own Accounting? Here’s Where It Helps… and Where It Doesn’t.
AI can make business administration easier and financial information clearer. Here is how to use it thoughtfully, check its answers and recognise when professional judgment matters.
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Buying a Vehicle Through Your Business: When Does It Make Sense?
Buying a vehicle through your business can make sense — but private use, GST, FBT, finance, depreciation, record keeping and cash flow can all affect the outcome. Here are the key questions to consider before signing the contract.
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Thinking About Changing Accountants?
Thinking about changing accountants? This practical guide explains when a change may be worth considering, what the handover process usually involves, what information may be required and how to assess whether a new adviser is genuinely a better fit.
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7 Questions to Ask Before Buying an Investment Property
Buying an investment property involves more than choosing the right location. These seven practical questions can help you consider the finance, tax, ownership and longer-term implications before committing.
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Using Company Money Privately?
It may be your company, but its money is not automatically personal money. This practical guide explains how Division 7A can apply to director loans, private expenses, shareholder benefits and trust arrangements and why early review, accurate records and properly documented treatment matter.
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Why Is My Accountant Asking for My Driver’s Licence?
Why is your accountant asking for your driver’s licence? Learn why identity verification matters, when Australia’s AML reforms apply and what this means for you.
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Payday Super – A Practical Checklist for Employers
Payday Super has arrived. Learn the practical steps employers should take after the first payroll cycle to stay compliant, avoid common mistakes and review their payroll processes with confidence.
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The 7 Most Common Tax Mistakes Small Business Owners Make
Small tax mistakes can become expensive over time. Learn seven common issues affecting Australian small businesses and discover practical steps to improve compliance, reduce risk and avoid unnecessary tax problems.
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Choosing the Right Business Structure
Choosing the right business structure can influence tax outcomes, asset protection and future growth. This practical guide explains the strengths of sole traders, partnerships, companies and trusts to help you make an informed decision.
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How to Prepare for 30 June: A Practical Checklist
Preparing before 30 June can reduce stress and improve tax outcomes. This practical checklist highlights key considerations for individuals, investors, business owners and SMSF trustees before financial year end.

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Our Resource Library provides general tax, accounting and business information. Every situation is different, and general guidance may not address all of the issues relevant to you.
Compact Accounting can provide advice on taxation, accounting and business matters based on your circumstances and our agreed scope of services.
