Articles

Actionable advice to help you every step of the way

Workplace Giving: How Your Charity Donations Could Lower Your Tax

2025-04-28T09:13:29+10:00

Looking for a simple way to support causes that matter to you while also getting a tax benefit? Many Australian employers offer workplace giving programs, which provide a hassle-free way to regularly donate to charities that are deductible gift recipients (DGRs).

Workplace Giving: How Your Charity Donations Could Lower Your Tax2025-04-28T09:13:29+10:00

Understanding Personal Services Income (PSI)

2025-04-28T09:11:50+10:00

Are you considering becoming an independent contractor, consultant, or freelancer? If you're starting a new career path, it’s important to understand the personal services income (PSI) rules that may apply to you.

Understanding Personal Services Income (PSI)2025-04-28T09:11:50+10:00

Instant Asset Write-Off Extended to 30 June 2025

2025-04-28T09:08:26+10:00

As part of the 2024-25 Budget and now officially legislated, the $20,000 instant asset write-off limit has been extended for another 12 months until 30 June 2025. This extension continues to provide valuable support for small businesses.

Instant Asset Write-Off Extended to 30 June 20252025-04-28T09:08:26+10:00

Can You Claim a Deduction for Financial Advice Fees?

2025-03-25T09:41:01+11:00

When reviewing the expenses you can claim as deductions on your tax return, are the fees you pay to your financial adviser among them? The answer is both yes and no! There are specific limits on what can be claimed, and the ATO has recently clarified the types of fees that individuals can claim.

Can You Claim a Deduction for Financial Advice Fees?2025-03-25T09:41:01+11:00

Tax Implications for Short-Term Rentals of Your Home

2025-03-25T09:40:00+11:00

In today’s sharing economy, platforms like Airbnb make it easier than ever to earn extra income by renting out a spare room or even your entire home. While this can be financially rewarding, many Australians are unaware of the tax implications that come with these arrangements. Understanding your obligations can help you avoid unexpected tax bills and penalties.

Tax Implications for Short-Term Rentals of Your Home2025-03-25T09:40:00+11:00

Sole Trader or Company: What Are the Tax Differences?

2025-03-25T09:36:43+11:00

If you're starting a business or considering switching from being a sole trader to a company, tax considerations play a vital role in choosing the right business structure. Let’s explore the key tax differences between operating as a sole trader versus a company.

Sole Trader or Company: What Are the Tax Differences?2025-03-25T09:36:43+11:00

New Incentives for Build to Rent Developments

2025-02-24T10:20:31+11:00

Starting 1 January 2025, new incentives for Build to Rent (BTR) developments are available as part of the Federal Government’s “Homes for Australia” plan, which aims to increase the housing supply.

New Incentives for Build to Rent Developments2025-02-24T10:20:31+11:00

Made a Mistake Charging GST? Don’t Panic

2025-02-24T10:19:54+11:00

As a small business owner, getting your GST right is crucial, but mistakes can happen, even to the most careful among us. If you’ve realised you’ve incorrectly charged GST on a sale, don’t worry – there are steps you can take to correct it.

Made a Mistake Charging GST? Don’t Panic2025-02-24T10:19:54+11:00