Tax return time getting you down?

Being self-employed certainly doesn't make doing taxes any easier. Find out tips and advice for handling tax season.

What You Should Look for in a Tax Agent

19 February 2021
 Categories: , Blog

If you're at the helm of a successful business, you may be pleased with the performance and have a healthy balance sheet at the end of each year. With success like this comes obligation, of course, and you also have to pay your fair share to the ATO. Of course, the keyword here is "fair," and you will want to keep your tax obligations in check at all times. With this in mind, it's a good idea to bring on board a tax agent, but what are some of the questions you should ask before you act? Read More …

Are You Resident or Non-Resident for Tax Purposes?

14 October 2019
 Categories: , Blog

If you have found an exciting opportunity overseas, you may be getting ready to pack your bags and head off into the sunset. This type of job could lead to other opportunities in your newfound land and you are definitely excited at the prospect, even though there may be a degree of uncertainty. While there are many things to consider as you get ready to depart, you must make sure that you handle your tax affairs correctly from the outset. Read More …

Top Tax Tips Small Business Should Consider

15 January 2018
 Categories: , Blog

During tax time, the Australian Taxation Office (ATO) likes making things easy for all small businesses. Whether you manage your own taxes or rely on a tax agent, some vital tax planning tips can assist you to get it right. Always include all the income You need to declare all your cash including online sales on the tax return. The income may include the money you earned from taking part in the sharing economy. Read More …

5 tax deductions that don’t require a receipt

24 January 2017
 Categories: , Blog

If you, like most Australians, are looking for ways to minimise your tax, you may be looking for some extra deductions. Here are 5 tax deductions you can take advantage of, without needing a separate receipt.  Laundry If your company provides you with a logoed uniform that you must wear to work, then you can claim a deduction for laundering your uniform each week, as this is a work related expense. Read More …

Why You Need a Quantity Surveyor for Construction Management

15 December 2016
 Categories: , Blog

When constructing a new building, you need to make sure that your budget is managed appropriately. You need a professional who can evaluate the plans, manage the capital outflow for the building construction. Such professionals are called quantity surveyors. They are vastly sought-after professionals by site owners to manage the development of buildings. Poorly-constructed structures are developed when the project is not properly managed. If your building project is huge and it requires a large amount of money, a quantity surveyor would help you manage the cash and make sure that your construction is completed perfectly. Read More …

About Me
Tax return time getting you down?

When you're self-employed, dealing with your taxes can be a pain. Variable income makes things more complicated, and when you work alone you probably treat all your paid invoices as your salary rather than paying yourself a salary as a 'standard' business might. Add to that the fact that many freelancers are creative people not used to dealing with numbers, and you've got a perfect storm of confusion! I've been dealing with these issues for my own working life for a decade now, and I've learned a thing or two along the way. I've started this blog to help other freelance creatives get to grips with tax season--including giving advice on when it's time to get an accountant! Read on to make your tax return woes a thing of the past.

Tags