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Resources

Resources for small businesses and contractors

Small Business Handbook

How to Calculate Capital Gains Tax

3 Simple Methods: How To Calculate Capital Gains Tax (And Concessions You Can Take Advantage Of!)

Understanding how to calculate capital gains tax is incredibly useful in all stages of owning an asset whether it's looking ...
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Chartered Accountants and Accountants

The Major Differences Between Chartered Accountants and Accountants

Trying to find out the difference between Chartered Accountants and Accountants? When you're looking for an accountant for your business, ...
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Benefits of a Pty Ltd Company

5 Powerful Benefits of a Pty Ltd Company (2020)

If you're a sole trader or in a partnership, you're probably trying to figure out if there are any benefits ...
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ATO Audit - What To Do

#1 Guide to Surviving an ATO Audit

So you or your accountant has been notified that an ATO review and/or an ATO audit will take place on ...
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Negative Gearing in Australia

Negative Gearing in Australia: Should You Do It?

Hearing all this chatter about negative gearing in Australia and want to know what the fuss is all about? Or ...
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Australian Small Business Depreciation

The Best Guide to Maximising Small Business Depreciation

Small business depreciation calculations have gotten a whole lot more simple thanks to the ATO's simplified depreciation rules that took ...
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Profitability Analysis

Profitability Analysis: Are you 100% Sure Your Business is Profitable?

Profitability analysis: it may come as a surprise to many people that some of the fundamental knowledge you should have ...
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FBT Exemptions

How to Save $1,000s with FBT Exemptions

Each year, there are possible FBT exemptions for business owners who decide to spend money on corporate gifts or organise ...
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Fundamentals on How to Buy or Sell a Business

Are you looking to buy or sell a business and not sure where to start? In this article, I'll go ...
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Main Residence CGT Exemption

7 Scenarios That Affect Your Main Residence CGT Exemption

If you own property and use it as your main residence then generally you are eligible for the main residence ...
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The Ultimate Investment Property Tax Guide

The Ultimate Investment Property Tax Guide 2019

What types of investment property tax apply? There are two types of investment property tax that apply to investment properties ...
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ASIC Late Fees

How to Avoid 2 Common ASIC Late Fees and Save an Easy $333

As an accountant, you start to see patterns, and this is no different from small business owners continually penalised with ...
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Contractor Handbook

Chartered Accountants and Accountants

The Major Differences Between Chartered Accountants and Accountants

Trying to find out the difference between Chartered Accountants and Accountants? When you're looking for an accountant for your business, ...
Read More
Benefits of a Pty Ltd Company

5 Powerful Benefits of a Pty Ltd Company (2020)

If you're a sole trader or in a partnership, you're probably trying to figure out if there are any benefits ...
Read More
ATO Audit - What To Do

#1 Guide to Surviving an ATO Audit

So you or your accountant has been notified that an ATO review and/or an ATO audit will take place on ...
Read More
Employee v Contractor

10 Major Differences Between Employee v Contractor (And How to Avoid Being Taken Advantage Of)

Deciding on being engaged as an employee v contractor can be two very different things despite a lot of similarities ...
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Main Residence CGT Exemption

7 Scenarios That Affect Your Main Residence CGT Exemption

If you own property and use it as your main residence then generally you are eligible for the main residence ...
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The Ultimate Investment Property Tax Guide

The Ultimate Investment Property Tax Guide 2019

What types of investment property tax apply? There are two types of investment property tax that apply to investment properties ...
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Super for Contractors

The #1 Guide to Super for Contractors: Get Paid Super Just Like an Employee

Super for Contractors - If you are a contractor or sub-contractor, then there is a chance that you may be ...
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6 Characteristic of a Great Accountant

We've all cherished the stereotypical idea of an accountant sitting in a lonesome office crunching away at numbers for hours ...
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What is Professional Indemnity Insurance?

What is Professional Indemnity Insurance? A Must Have For Your Business

You hear it all the time but what is professional indemnity insurance? If you run a business, it's important to ...
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What is a TPAR

The Ultimate Guide on TPAR

Tax Payments Annual Report, otherwise known as TPAR, is a specific report that must be lodged by businesses to the ...
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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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eBooks & Tools

Essential Lodgements for Small Business

This guide on essential lodgements for your small business is essential reading for any contractor or small business looking to ensure they are meeting all requirements to operate their business legally.

The Hiring Your First Employee Guide

Looking to hire your first employee? Box Advisory Services' guide on hiring your first employee is essential reading for any contractor small business looking to expand the size of their team.

Eligible Tax Deductions

Tax deductions are a huge money saver if you know what they are, how they work and in what situation to utilise them.