Do you find yourself drowning in random receipts when EOFY comes around? Learn to lodge your tax return the easy way with these last-minute and longer-term tax hacks. Tax paperwork is something…
Category: Taxation
When To Charge GST
When starting out, one of the big decisions you’ll have to make is how to price your product or service. You’ll look at costings and competitors pricing coupled with other branding and…
How To Audit-Proof Your Shareholder Loan
If you’re a business owner and your company lends you money, you’ll enter it in the books as a shareholder loan. However, if your return is audited, the ATO will scrutinize the…
Four Tips For Women To Take Control Of Their Super
Faced with average lower earnings, possible time out from the workforce to raise children, and longer life expectancy, it can be a struggle for women to save enough money in their super….
How to Max Your Tax Refund
For most of us, tax refunds rarely come as a complete surprise. In fact, sometimes we might even be using the ATO as an unofficial savings account, knowing we’ll get a quick…
‘Burying your head in the sand isn’t helpful’: ATO
A woman who failed to lodge 91 tax returns has received a 12-month suspended prison sentence, in what the tax office is calling a “message to the community”. Geraldton woman Judith Ahearn…
Tax returns handy tips
Staying up to date with your tax returns doesn’t have to be hard. Here are some tips on how to meet your obligations with the Australian Taxation Office (ATO). This article is…
Small Business Tax Concessions
There’s still time for you to take advantage of small business tax concessions before the end of the financial year. If you act before 30 June, you can make the most of some…
Watch Out For Tax Scams
The Federal Budget is behind us, and amid the celebrations over tax cuts (around $500 annually for low to middle income earners if proposals are legislated), now is the time to be…
Tax Treatment for Cryptocurrencies
The term cryptocurrency is generally used to describe a digital asset in which encryption techniques are used to regulate the generation of additional units and verify transactions on the blockchain. Cryptocurrency generally…