A new business is an exciting and challenging journey. Getting set up correctly from the start will help you on the path to success.
Boost your business with tax incentives! If your business delves into R&D activities, you might qualify for the R&D tax incentive. Discover how to claim, calculate, and register for ongoing benefits.
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.
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.
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.
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).
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.
Have you made any investments in new technology during this financial year? You may be eligible for The Small Business Technology Investment Boost.
Most employers have now moved over to Single Touch Payroll (STP) Phase 2 reporting. In fact, over 730,000 employers have started reporting STP Phase 2 information for over 10.8 million individuals!
Post the pandemic, many workplaces have shifted from fully remote, to a combination of remote and in-office work. Many employers have provided employees with work-related items such as laptops and mobile phones. Providing these devices shouldn’t trigger an FBT liability as long they are primarily used for work purposes.
