From the desk of Sonia Gibson

Looking for something specific?

Sonia Gibson Sonia Gibson

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.

Read More
Sonia Gibson Sonia Gibson

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.

Read More
UXGraphic Designer UXGraphic Designer

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.

Read More
Guest User Guest User

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More