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Videos

Video guidance for business and contractors

How Hiring My First Employee Changed EVERYTHING

I officially started my business 3 years ago. But I only started to feel like I was actually running a business last year, when I hired my first employee in 2018. Since then, my team has grown, and so has my business. Let me explain how I was able to go from self-employed to running a business with multiple departments, and working towards a business that essentially runs itself.

How I Turned My Hardships to Opportunities

When you're facing a lot of hardships, it's difficult to keep running a business, let alone start one. But hardships are also something you can turn into opportunities. Let me tell you about how I used personal hardships as an opportunity to start successful businesses. I hope my story can motivate you in some way.

Starting A Business: Just Do It

Starting a business is hard and to be honest, it's an uphill battle for a very long time. But it can also very rewarding, and there's no other feeling like running your own business! Let me share with you my personal experiences and the reasons why I started my own businesses.

You NEED The Mamba Mentality for Your Business!

Kobe Bryant is one of my greatest heroes and biggest inspirations. His work ethic is unparalleled, and I believe that is what makes him the G.O.A.T.

 

Old School vs. New School Accountants

What’s the difference between an Old School and New School Accountant? Let me show you why you need to dump your dinosaur accountant for a New School Accountant!

How to Lodge TPARs

Taxable Payments Annual Reports (TPARs) are a specific report that must be lodged by businesses to the Australian Taxation Office (ATO) detailing payments your business has made to contractors in specific industries. This video explains what this obligation means for businesses and contractors, as well as the methods that businesses can use to make this lodgement by 28 August every year.

How to Prevent Getting ASIC Fines

There are many reasons why your business could receive a fine from ASIC (Australian Securities and Investments Commission) . But there are also just as many ways to prevent being fined in the first place. Let me explain the types of fines you could receive, and how to make sure your business continues to meet all ASIC obligations

Why Bucket Companies are Useful for Businesses

Bucket and holding companies are excellent strategies to help cap the amount of tax you pay and protect your business profits. They can be quite complex, so let me break down the basics of how they work. Make sure to speak to your accountant for advice regarding if they can benefit your business situation.

How to Spot ATO Scams

There are tax scams all year round, but especially during Tax Season. Scams are getting harder and harder to spot. So let me show you all the things you need to look out for, so you don’t get caught up in any tax scams.

Choosing a Business Structure: Company vs. Trust

In this video, I go into detail about things to consider when deciding on what business structure is most suitable for your situation in choosing between a Pty Ltd Company or a Discretionary Trust

How to Delay your Tax Payments Using Payment Plans with the Tax Office

Dealing with tax debt can be extremely stressful when the cash flow of your business is under pressure.

How Tax Deductions Actually Work

Around the end of the financial year, you’ll see a lot of ads telling you to buy things for your business because you can claim it all back on tax deductions.

What is Single Touch Payroll (STP)?

There is a big shift in the way we do payroll reporting that will take effect from 1 July 2019!

 

6 Steps for Changing Accountants

Is your accountant taking too long to respond or not responding at all? You need an accountant that will treat your business as their own, and has your best interest at heart.

How to Get FTL Penalties Remitted

You may have been charged failure to lodge on time (FTL) penalties and interest by the Tax Office for not keeping up to date with your lodgements and payments. But don’t worry, because you can actually call the Tax Office and ask for them to remit these penalities.

How to De-Risk Your Business

It’s never too early to de-risk your business. No matter the size of your business, it’s important to identify where the potential pitfalls exist.