Tax Tips for Side Hustlers in Australia 💼✨
This blog post is designed to provide valuable information to side hustlers in Australia, helping them manage their finances and stay compli
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- May 16
- 3 min
Unpacking the Australian Federal Budget 2024-25: What It Means for Your Business and Personal Finances
The Australian Federal Budget for 2024-25, as announced by Treasurer Jim Chalmers, has introduced a range of measures aimed at...
- Aug 11, 2023
- 1 min
Your PAYG withholding statement (IAS) is due on the 21st
Your PAYG withholding statement (IAS) is due on the 21st Some employers need to pay PAYG withholding liabilities to the ATO monthly, even...
- Aug 10, 2023
- 1 min
Your monthly activity statement (BAS) is due on the 21st
Your monthly activity statement (BAS) is due on the 21st Your monthly activity statement is due by the 21st of this month. Use the...
- Aug 1, 2023
- 1 min
Your PAYGW payment summary annual report for employees is due soon
If you are lodging your own PAYG withholding payment summary annual report (PSAR) you need to lodge with the ATO by the 14th August. If...
- Jul 31, 2023
- 2 min
Avoid ATO’S increased tax penalties – reminders and updates
Announced as part of the 2023–24 Federal budget, increased funding has been provided to the ATO to scrutinise taxpayers who have...
- Jul 30, 2023
- 1 min
Your taxable payments annual report (TPAR) is due soon
Prepare now for your taxable payments annual report (TPAR) lodgement. Whether you lodge your own report directly with the ATO or if you...
- Jun 25, 2023
- 2 min
Your upcoming tax calendar for July and August
The start of the new financial year is upon us. For most of you, this means finalising your general ledger accounts in order to get the...
- May 18, 2023
- 2 min
Get Your Business Records Ready for Your Tax Return 2023
Organising your documents now will mean you can get your tax return completed earlier and access any refunds due or start planning for...
- May 10, 2023
- 3 min
2023 Federal Budget Highlights
The Federal Treasurer Jim Chalmers handed down the 2023 Federal Budget on 9 May 2023. The following is a list of highlights from a tax...
- Apr 18, 2023
- 2 min
Why your accountant is the mentor you didn’t know you needed
A business mentor can provide guidance and support, so you make the right decisions and stay focused on the end goal as a business owner....
- Apr 11, 2023
- 1 min
Super Guarantee Rate Rises in July to 11%
In July 2023, the superannuation guarantee statutory rate will rise to 11%. Annually, the rate is increasing by 0.5% until July 2025 when...
- Mar 26, 2023
- 2 min
Cash flow forecasting puts you back in control
We all know that positive cashflow is the beating heart of any successful business. And with so many external pressures on your cash...
- Mar 21, 2023
- 2 min
Getting your bookkeeping ready for a digital future
Keeping up-to-date records of your business transactions isn't the most glamorous part of being an entrepreneur, that’s for sure. But, in...
- Jan 27, 2023
- 2 min
5 tips goal-setting tips for the year
Wouldn’t it be great to have your best year ever, this year? Whether you want to grow your business or take more time for yourself, these...
- Jan 13, 2023
- 1 min
Making any New Year's Resolutions this year?
It’s probably been a while since you made New Year’s resolutions. For many businesses, the challenges of the last couple of years have...
- Dec 23, 2022
- 1 min
How to accept payments online – and why it’s smart
One of the best things about online shopping is instant, hassle-free payment. Enter your details, click, and you’re done. If your...
- Nov 29, 2022
- 4 min
Marketing and promoting your new business
Business tips - Marketing and promoting your new business Even with the best products and/or services in the world, you won't make many...
- Oct 29, 2022
- 2 min
Cash or Accrual Accounting – What’s the Difference?
There are two methods of calculating the amounts stated in business financial reports, and the difference is all in the timing. Cash...
- Sep 23, 2022
- 4 min
Making sure your new business finances are in order
Getting your head around the basics of bookkeeping, accounting and good financial practice may not come naturally to all business owners....
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