Sole trader tax made stress-free! Meet Sophie, the smart florist who turns tax time smooth. Learn how she plans ahead, uses expert tips, and simplifies record-keeping. Be in control like Sophie – read more.
Top tips for sole traders Read More »
Maximise your fuel tax credits effortlessly! The ATO’s fuel tax credit calculator ensures accurate rates for your BAS, avoiding costly mistakes. Stay updated as rates change, and let us simplify the process for you.
Changes to fuel tax credit rates Read More »
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications.
Subdividing and tax implications of small-scale subdivisions Read More »
Understand the impact of Personal Services Income (PSI) on your tax return and deductions in this article. Learn how to determine if you’re conducting a Personal Services Business (PSB), what deductions you can claim, and how to report your PSI based on your business structure.
Personal services income and your tax Read More »
What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners.
Business Succession Strategy: Shifting to the Next Generation Read More »
Starting July 1, electronic platforms like Stayz, Airbnb, Uber, and Didi must collect and report seller transactions to the ATO under the Sharing Economy Reporting Regime (SERR).
Reporting your sharing economy income Read More »
Australia’s tax refunds have reduced due to policy changes, impacting millions. This article explores the nation’s high reliance on personal income tax and the effects on individuals, especially those with multiple jobs.
Why is my tax refund so small? Read More »
Stay updated with the GST status of major food and beverage product lines with the ATO’s detailed food list. Learn about the recent updates, how to check if GST applies to your items, and how to use the food and beverage search tool.
Do you supply or sell food and beverage products? Read More »
The global digital games industry is worth around $250 billion and in Australia, grew 22% between 2020 and 2021 generating $226.5 million in income and employing over 1,300 fulltime workers. And, it’s an industry the Government wants to support with a new tax offset.
Backing a winner: Digital games tax offset Read More »
For employers, incorrectly calculating wages is not portrayed as a mistake, it’s “wage theft.” Beyond the reputational issues of getting it wrong, the Fair Work Commission backs it up with fines of $9,390 per breach for a corporation.
Important: 1 July 2023 wage increases Read More »
