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BAS, Tax Returns & Financial Statements

Get your finances in order with these articles for your contractor business

Tax Minimisation - Reduce Your BAS

How to Reduce BAS Payments for Your Business

As a business owner or manager in Australia, one of the most crucial responsibilities you’ll encounter is managing your Business ...
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ATO Audit

What Happens During an ATO Audit?

The ATO conducts an audit to verify compliance with your tax obligations and determine if you owe any taxes. The ...
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Boost Your Savings with New Technology and Skills Development Deductions

Boost Your Savings with New Technology and Skills Development Deductions

Any well-established business owner will tell you that investing in your employees’ skills and development is a critical factor in ...
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What are the Main Types of Taxes in Australia that Businesses Have to Pay?

What are the Main Types of Taxes in Australia that Businesses Have to Pay?

So you want to start a business in Australia? Great! This country has a lot to offer aspiring business owners. But ...
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A Guide to E-Invoicing and Your ATO Requirements

A Guide to E-Invoicing and Your ATO Requirements

Over the past decade, the business world has seen a digital revolution. Technologies like email, instant messaging, and video conferencing ...
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tax deductions for doctors

The 9 Best Tax Deductions For Doctors

Doctors are among the highest-earning professionals in Australia. And the higher the income, the higher the marginal tax rate. But ...
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tax on cryptocurrency in australia

How Tax on Cryptocurrency Australia Works

Cryptocurrency has undoubtedly experienced explosive growth over the last couple of years - but how does tax on cryptocurrency in ...
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Uber Tax Deduction Thumbnail

The Ultimate Guide on Uber Tax Deductions

Did you know that as an Uber driver, you’re considered an independent contractor?  This means that you’re entirely responsible for ...
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Failure to Lodge Penalty

4 Steps To Remit Your Failure To Lodge Penalties

Failure to lodge penalties are enforced by the ATO when businesses are not meeting their reporting obligations. If you have ...
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How Do Tax Deductions Work Australia

How Do Tax Deductions Work? (Turning a $250 Tax Bill to a $2,500 Tax Refund)

Many people hear about tax deductions but don't precisely understand how tax deductions work in Australia. So the obvious question ...
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ATO Payment Arrangement

7 Detailed Steps to Successfully Organising ATO Payment Arrangements

Organising ATO payment arrangements can help with dealing with tax debts that can be stressful, especially with those unpaid monthly ...
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9 Things You Absolutely Need to Know about Tax

The Tax Guide for Contractors, Consultants, Freelancers and Locums As a consultant, contractor, freelancer and locum there is a range ...
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