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Juggling Multiple Businesses? Here's How to Stay Sane
Managing multiple businesses doesn’t have to be overwhelming. Learn practical strategies from experienced accountant Sonia Gibson on how to set clear boundaries, share resources wisely, and build dedicated teams—so you can grow your ventures while staying sane.
Transform Your Financial Future By Understanding Your Money Mindset
Your relationship with money is more than just numbers—it’s shaped by your beliefs, experiences, and values. By uncovering your money mindset, challenging common myths, and aligning your finances with your life vision, you can transform your financial future. Discover how to identify and reshape limiting beliefs to create a healthier, more empowered approach to wealth.
6 Common Mistakes Professionals Make with their Finances
Many professionals excel in their careers but struggle with managing their finances effectively. From failing to plan to taking on too much debt, these common financial mistakes can impact long-term wealth. In this blog, Tanya Carlson from Amplify Wealth Management shares six key pitfalls professionals should avoid—plus expert tips to build a secure financial future.
Legal Foundations for Your Business Success
Protecting your business legally is just as important as delivering great service. From strong service agreements to privacy policies and contractor contracts, the right legal foundations can prevent costly mistakes and set your business up for long-term success. In this guide, we cover six essential legal tools every service-based business needs to stay compliant, build trust, and avoid disputes. Read on to ensure your business is legally protected and ready for growth.
ATO Cracks Down on Tax Compliance and Debt Recovery
In recent months, we’ve observed an increase in the Australian Taxation Office’s (ATO) compliance and debt collection activities. This trend is expected to persist, with a particular focus on addressing outstanding debts, improving small business tax performance, and reinforcing superannuation guarantee compliance.
Lodge Now or Later? Navigating Tax Return Timing and PAYG Instalment Adjustments
One of the most common questions we are asked is “should I lodge my tax return now or later?"
We encourage our clients to prepare their tax returns well ahead of the due date. Early submission not only facilitates a more timely refund (if one is due) but also helps quantify any tax debt, allowing time to plan for the payment.
Do I Need An ASIC Registered Agent?
Do I need an ASIC registered agent is a question frequently asked of us. It can seem like an unnecessary fee for a relatively simple process, or is it?
Deep Dive: Tax Deduction For Work Clothing
Learn what work-related clothing you can claim as a tax deduction. Understand the rules, eligible expenses, and how to maximize your refund. Stay compliant while saving money.
Deep Dive: Tax Deduction For Donations
Australians are generous by nature so it is no wonder that on nearly every tax return we prepare that there is a deduction included for donations. BUT not every time is money you hand over for a worthy cause tax deductible.
Tax Time 2023: Super Changes
Tax time 2023 brings a number of changes to superannuation. Here is a summary of what you need to know.
Tax Time 2023: What Business Owners Need To Know
As with all ending of financial years and beginning of new ones there are tax changes. Here is what you need to know to make the most of tax time 2023 and to get ready for 2024, including the recent budget announcements, which aren’t yet law.
Tax Time 2023: What Individuals Need To Know
There are a myriad of changes coming our way for tax time 2023, so here is a summary of what you need to know to make the most of tax time 2023.
Logbook Essentials
Learn how to keep a compliant logbook for vehicle expenses. Discover the essentials for accurate records and maximizing tax deductions. Stay organized and tax-ready.
Fringe Benefits Tax Deep Dive: Motor Vehicles
Understand how fringe benefits tax (FBT) applies to motor vehicles. Learn key rules, exemptions, and ways to manage your tax obligations. Stay compliant while minimizing tax costs.
FBT: The Forgotten About Tax
Understand the importance of Fringe Benefits Tax (FBT) on non-salary benefits provided to employees, such as company cars and health insurance. Learn how to ensure compliance and avoid potential tax liabilities.
Deep Dive: Tax Deduction for Working from Home
Maximize your tax deductions when working from home. Learn eligible expenses, record-keeping tips, and how to claim correctly. Boost your tax savings with these insights.
October 2022 Budget Update
Stay informed on the October 2022 Budget and how it affects you. Discover tax changes, business incentives, and financial impacts. Plan ahead with these essential insights.
How Is Making Tax ‘’Just Happen’’ Possible By 2030?
Before we know it, the eight years to 2030 will have zipped by. If you are thinking about all the things you want to accomplish by the new decade and feel there is not enough time, spare a thought for the ATO’s very ambitious target to make tax ‘just happen’ by 2030.
When Tax ‘’Just Happens’’. What Does This Mean For Business?
Understand the implications of automated tax processes for your business. Learn how to stay compliant, avoid penalties, and manage your tax obligations effectively.
2030, The Year When Tax Will Just Happen Through Digital Transformation
By 2030, tax will just happen. For many in business, tax just happening sounds like a dream come true. According to the ATO Commissioner Chris Jordan, there is a future where “tax just happens.” The timeline for this ambitious goal is a mere 8 years - 2030 is the year flagged for this to become a reality.
