As a small business owner there is always a lot going on and for many its often a struggle when it comes up to the end of financial year. Knowing what a small business can claim on tax each year can be challenging if you don't have the right support....
Category: Tax
How to Set Up a Family Trust
Setting up a family trust is a great way to optimise your tax position and share assets and distributions with family members. In saying that, it is important that you get the right advice before setting up your family trust. We'll break down the benefits of family trusts and how...
Crypto Tax Australia: Crypto Capital Gains & Obligations for 2022
Crypto tax in Australia can be complicated. You should be aware of two key areas – your individual (or business) tax, and crypto capital gains tax obligations. Understanding how these interact can help you avoid a lot of headaches and get on top of your crypto tax. In simple terms,...
What is a Business Activity Statement?
Mention the word Business Activity Statement to most business owners and they often look as though they’ve just been told their biggest client has gone off with their closest competitor. However, the reality of BAS is that it can actually result in you getting money back from the ATO (yes...
Crypto Loans: Borrowing Fiat with Cryptocurrency
Whether you’re an individual or business looking to source some cash, taking out a loan is a potential way to secure finance. In recent years, crypto loans have become more popular as a way to obtain finance, particularly as the values of these assets have surged over the past year....