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Our Certified Practising Accountants report on the latest accounting news, and address your most common questions relating to accounting, bookkeeping, company tax, individual tax returns, self managed super funds and more.
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How Do I Choose the Right Business Structure and Name?
Starting a business is exciting, but making the right choices early on can save you a lot of time, money, and stress down the track. Two...
Sep 233 min read
When Is the STP Finalisation Deadline?
Every year, employers must complete their Single Touch Payroll (STP) finalisation. But when exactly is the deadline, and why does it...
Sep 192 min read
Do We Need to Update Wages After the Minimum Wage Increase?
When the minimum wage goes up, many business owners ask themselves the same question: “Do I really need to adjust wages right away?” The...
Sep 192 min read
Do Apprentice or Trainee Wages Count for Payroll Tax?
Payroll tax is a major cost consideration for many businesses in Australia, particularly as they grow and take on more staff. One common...
Sep 112 min read
Are Redundancy or Leave Payouts Taxable for Payroll Tax?
When an employee leaves your business, you may need to pay out unused leave or redundancy entitlements. Many business owners are unsure...
Sep 111 min read
What Happens if You Can’t Pay Your BAS on Time?
Missing your BAS deadline can be stressful, especially when cash is tight. But you're not alone and this situation is more common than...
Sep 112 min read
Are Tradie Tools a Expense or Asset?
If you are a tradie, your tools are your livelihood. But when it comes to tax time, many are unsure whether a tool is considered an...
Sep 112 min read
Do Contractor Payments Get Hit with Payroll Tax?
Many businesses rely on contractors to keep operations flexible and costs under control. Working out if contractors are or are not...
Sep 112 min read
What is the Current (2025-2026) Payroll Tax Threshold in Queensland?
As your business grows, there comes a point where payroll tax may come into play. Many owners think of payroll tax as something that only...
Sep 112 min read
Do I Need a Depreciation Schedule for my Rental Property? Here’s Why It Matters for Property Investors
If you own an investment property, a depreciation schedule could be one of the easiest ways to legally reduce your tax bill. Many...
Sep 82 min read
Do I Still Need an Accountant If I Use an Accounting System?
Running a business means juggling a lot of responsibilities. Staying compliant with the ATO, making smart financial decisions and...
Sep 82 min read
What Happens if You Can’t Pay Your BAS on Time?
Missing your BAS deadline can be stressful, especially when cash is tight. But you're not alone and this situation is more common than...
Sep 52 min read
Can Renovations Help or Hurt Your Tax Position as a Property Investor?
Renovating your investment property can add value, attract better tenants and increase your rental income. But did you know it can also...
Sep 52 min read
What Can You Claim if You Run a Home Based Business or Clinic?
More Australians are running businesses and clinics from home than ever before. Whether you are a consultant, a health professional or a...
Sep 52 min read
Tradie Tools: Expense or Asset?
If you are a tradie, your tools are your livelihood. But when it comes to tax time, many are unsure whether a tool is considered an...
Sep 52 min read
When Can You Access Your SMSF Funds?
Your self-managed super fund (SMSF) is designed to help you build wealth for retirement. While it can be tempting to dip into those...
Sep 22 min read
What Tax and Accounting Services Do Doctors Need?
Many medical professionals underestimate the complexity of their financial situation. Whether you're a general practitioner, a surgeon,...
Sep 22 min read
What Records Should I Keep for BAS Compliance?
Every number you report on your BAS must be backed by evidence. Good record-keeping helps you lodge your BAS with confidence, stay on the...
Sep 22 min read
What Are Common Tax Deductions for GPs in Australia?
Tax time can be overwhelming, especially for medical professionals balancing patient care and business admin. GPs often miss out...
Sep 22 min read
Why change from Sole Trader to Company? Here’s Why It Might Be the Best Move for Your Business.
Starting out as a sole trader makes perfect sense. It is simple, affordable and gets your business off the ground quickly. But as your...
Sep 22 min read
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