Articles

QLD Medical Centres: GST, Payroll Tax & Structuring — What You Need to Know
MedCo arrangements • Small business • Tax agent insights At a Glance Understanding these rules is essential for any medical practice operating in 2025 ...

Contractor or Employee? 2025 Rules for Small Business
If you’re running a small business in Australia, chances are you have hired a subcontractor at some point along the way. Unfortunately, calling someone ...

2025 Small Business Smart Tax Planning
As the financial year draws to close, small business owners, need to start planning their finances for the upcoming year. Let’s face it, running ...

Rental Property Loan Interest Deductibility – Redraw Vs Offset
When taking on significant investment debt, choosing between a redraw facility and an offset account can have significant lasting impacts. Getting it wrong can ...

Avoid These 7 Common Tax Mistakes Made by Small Businesses in Australia
As an Australian small business owner, staying on top of your tax obligations is crucial to avoid any costly mistakes. Here are some common ...

2023 Tax Return Working From Home Deductions Changes
The ATO has changed how working-from-home deductions can be claimed in your 2023 tax returns. This affects both business owners and employees that complete ...

What is Fringe Benefits Tax (FBT)?
What is a Fringe Benefit? A Fringe Benefit is something provided to an employee in addition to their wage. Essentially it is a non-cash ...

When To Register For GST?
As a small business, knowing when to register for GST is crucial to ensure that you remain compliant. By being ahead of the curve ...

How to Register for a Directors Identification Number
Overview of DINs New regulations require that all existing and new Directors acquire a unique Director Identification Number (DIN). The Australian Taxation Office (ATO) ...

Why You Should Use a Registered Tax Agent
The age-old question… Can I lodge my 2021 tax return, or should I see a Tax Agent? As a Chartered accountant and registered tax ...

Tax Deductions for Sole Traders
Filing Tax Returns can often be a daunting task for sole traders. This is because of a lack of clarity regarding the process and ...