Firstly, you’ve probably guessed by now that we love accountancy, it’s our thing! But we also love helping businesses no matter their size, learn and understand about what we do and how we do it, so they’re able to make more informed choices that drive business growth. You may have...
Category: Business Structuring
Company Director: Your Responsibilities & Duties
Let’s face it, having a business card with Company Director on it is a pretty nice thing to have – a bit like an office door you can walk out of that’s marked private, it’s something that carries a certain je ne sais quoi (as our French friends would say)....
Cryptocurrency tax: am I a business or professional?
Cryptocurrency tax is normally assessed using the capital gains system. However, it’s important to note that depending on your cryptocurrency activities, the ATO may consider these as business-like behaviour. This means that your cryptocurrency tax will no longer be assessed as CGT, but as business income tax. If this is...
Sole Trader Tax Deductions & Tax Rate
As a sole trader there are many items you may claim as deductions to offset your operating expenses and reduce your taxable income. In this article we will cover what you can and cannot claim as sole trader tax deductions, the sole trader tax rate, how to pay tax as...
How to grow your business
Growing a startup business into something bigger and more profitable is the goal for many business owners, but how do you make it happen? We’ve worked with many young businesses and in our experience, the best growing small businesses take the time to design the right strategy, implement it and...