by Emma Hahnel | Aug 28, 2025 | Uncategorized
When you sell a property in Australia, you may make a capital gain—the difference between your sale price and the cost base (what you paid for the property plus certain expenses). This gain is subject to Capital Gains Tax (CGT), which is included in your income tax...
by Emma Hahnel | Aug 11, 2025 | Uncategorized
Depreciation is a key concept in business accounting and taxation, but many business owners are unclear about how it really works—especially the difference between accounting depreciation and tax depreciation, and what happens when you sell an asset. Let’s break it...
by Emma Hahnel | Jul 24, 2025 | Uncategorized
Many Australians start a hobby simply for enjoyment—whether it’s baking cupcakes, making jewellery, or selling handmade crafts online. But what happens when your weekend passion starts bringing in steady income? You might be crossing the line from hobby to...
by Emma Hahnel | Jun 20, 2025 | Uncategorized
With 30 June just around the corner, now is the perfect time to take a close look at your finances and implement smart strategies to reduce your tax bill. Effective tax planning can save you money, improve cash flow, and keep you compliant with the ATO. Here are some...
by Emma Hahnel | Jun 7, 2025 | Uncategorized
Keeping your tax documents organised throughout the year doesn’t just save you time — it can also help you maximise your deductions and reduce stress when it’s time to lodge your tax return. Here are some practical, easy-to-implement tips to help you stay on top of...
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