Blogs

We try to make our information accessible to people, even if they are not our paying clients, so we write a bunch of free blogs available on our website. When you have questions, this is a great place to start!


 Here are some you might like:

 

 

Common Deductions

 

This blog covers the common deductions our creative clients might be entitled to.

 

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Donations

 

(good for them, good for you, good for me)

 

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GST

 

If/when you register for GST

 

 

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Deductions for Individuals

 

What Expenses Can I Deduct For Tax (Individuals)

 

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Home Office update

 

 2023 updates from the ATO when it comes to using your home as an office.

 

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Home Offices

 

Deductions when you are using your home for your business. 

 

 

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Manufacturing

 

Manufacturing, inventory and how to reflect them on your balance sheets.

 

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Inventory

 

The fancy work for stock,  products and things you sell to customers.

 

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 Per diems, allowances and reimbursements 

 

Spending money and getting it covered by your employer.

 

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 Travelling for business

 

What are travel expenses? 

 

 

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Entertainment

 

When entertainment can and can't be deductible.

 

 

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MyGov Master

 

Understanding My Gov,  Income Tax Account and Activity Statement Accounts. 

 

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 Super Section >

 

Super and all you need to know

 

 

 

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 Super Duper Super

 

Everything you need to know about Super. 

 

 

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 Super Changes

 

What has changed? 2022 updates.

 

 

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Accessing Super

 

 

When and how you can access your super. 

 

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 Super | Types of Contributions

 

 How your contributions are taxed and tagged. 

 

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 Super | Making contributions

 

Contributions for employees or for yourself. 

 

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Buying a Car

 

 

Buying a car, deductions.  and fringe benefits tax.

 

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Car Expenses

 

 

 What you can deduct and how to calculate deductions. 

 

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 How to save for tax

 

 How to save for super, tax and outstanding tax.

 

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 PAYG - W

 

Breakdown of the Pay as you go Withholding tax system.

 

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PAYG - I

  

 A breakdown of the Pay as you go Instalments tax system.

 

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  PSI

 

 What is Personal Services Income and how to answer the question at tax time. 

 

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 Family Funds

 

Conversations about money and family finances

 

 

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 Partnership Tax

 

Types of partnerships and what that means for tax.

 

 

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Medicare Levy

 

 Medicare Levy, exemptions and examples.

 

 

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Rental Income

 

 Investment properties and rental income. 

 

 

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     Fringe Benefits       

 

Fringe Benefits tax (FBT) and reporting.

 

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      Fixed Assets          

 

What are they and how to manage them at tax time.

 

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      Depreciation          

 

What is depreciation and how to calculate it.

 

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 Instant Asset Write Off

 

 Small business instant asset write off FAQ

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 Professional Development

 

Self education expenses and professional development deductions.

 

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       Hiring Staff               

 

       A guide to hiring staff,              processes, payroll and payments

 

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          Xero STP                      

 

Xero STP Phase 2. Single touch payroll.

 

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             Debt                             

 

 Debt free in 12 months

 

 

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  Business Structure                       

 

 Sole traders, Partnerships, Trust and companies. 

 

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 Director ID                   

 

 What is it and who needs one?

 

 

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Buying your first home

 

How to prepare, timelines, banks and budgets.

 

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 Adelaide Fringe Artists

 

 Fringe, finance. Getting paid and tax obligations.

 

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 Tease and tax time

 

 Adult entertainment industry and tax. 

 

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 Grants, awards, prizes

 

 Grants, prizes, awards, fellowships and GST implications.

 

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Invoices 

 

Invoices made easy. What to include, templates and tips.

 

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 NFTS

 

 Digital assets, investing and tax implications

 

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 Families

 

 Family tax benefits, parenting payments and child care subsidy.

 

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 Wills | pt 1

 

 What happens and who is involved

 

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Wills | pt 2

 

 Who, when, where, why and how of getting a will.

 

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 Wills | pt 3

 

 Legal tips lawyers wish you knew when it comes to wills.

 

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Get ready for tax time with Rounded and Lauren Thiel

Part 3: Staking Rewards, Airdrops, Gifts, Loss, and Chain Splits

Part 2: Non-Fungible Tokens (NFTs) and their Tax Implications

Part 1: Understanding and Managing Crypto Asset Investments

Common Deductions

Common deductions our creative clients might be entitled to.

Donations

It feels great to help and donors can benefit with tax-deductible donation!

GST

GST = Goods and Service Tax. If/when you register for GST.  

Deductions for Individuals

Common deductions our creative clients might be entitled to.