Scams in Accounting/Tax Services
In recent weeks there has been an increase in scams. Whether this is a threat of arrest, an overdue tax bill or even being involved with an unregistered tax agents. This short blog...
Help – I can’t pay my tax bill on time!
You've lodged your tax return and you have a tax payable. You're generally given a fair amount of time to consider if you want to make a full payment, or review the ATO's payment o...
Starting a Company
As you take your business to the next level, you may have considered setting up a company – but there’s a lot to understand about the different business structures.
Here is a che...
After Your Tax Lodgement
So you've had your tax return lodged... now what?
One of the most frequently asked questions we get after we have lodged a tax return is, 'What happens next?'
There are a few thi...
Superannuation: Basics
Superannuation is another one of those things that no one learnt in school, but probably should be taught just like tax. So here is a blog that simplifies what this is and how impo...
Sex Work in a Pandemic
The COVID-19 affected all and is still affecting some of the areas of the economy including sex work.
Much like the movie Hustlers, most have had to get creative with their strea...
Accounting Jargon
As many of you may know by now, speaking to the ATO/Accountants can be daunting. The language used throughout a conversation can be confusing and definitely won't make sense if it ...
Stimulus Package
In light of recent economic events, the COVID-19 crisis has forced the Australian Federal Government to introduce a Stimulus package to assist businesses and individuals stay afloa...
GST & BAS Guide
When you jump from side hustle, to main hustle and all of a sudden your business has turned-over $75,000 in a financial year!?
Goals! But what does this mean at tax time?
What is...
PAYG Instalments
What is PAYG?
Pay as you go (PAYG) Instalments are payments of your tax that are made to The Australian Tax Office 4 times per year. By paying quarterly instalments, you stay on t...