When starting a business, one of the first decisions you’ll need to make is choosing the right business structure. This decision will affect everything from your personal liability to your tax obligations, as well as how you manage and grow your business. In...

Hiring the right person is a crucial step for any business, but it's not just about finding the right skills and experience. Whether you’re hiring an employee or contractor, there are important legal and financial considerations that come with each type of hire. From...

As more Australians embrace the work from home lifestyle, understanding what you can claim on your taxes is crucial. The Australian Taxation Office (ATO) allows workers to claim deductions for work-related expenses incurred while working from home. However, it’s...

Fringe Benefits Tax (FBT) is a tax employers must pay when providing non-cash benefits to employees, such as the use of a company car. While a company car can be a great perk, it comes with specific rules and obligations. Here’s what both business owners and employees...

Applying for a loan is often a crucial step for business owners looking to expand, invest in new equipment, or cover operational costs. However, the process of obtaining business finance can be competitive, and lenders require specific documentation to evaluate the...

If you're looking to take control of your retirement savings, you might have heard about Self-Managed Super Funds (SMSFs). These funds allow you to manage your superannuation (super) savings directly, giving you the ability to make investment decisions and tailor your...

Owning rental property can be a lucrative investment, but when it comes to tax time, many property owners make avoidable mistakes that can cost them money or lead to complications with the Australian Taxation Office (ATO). To ensure you're on top of your tax...

If you're using your car for work purposes, you may be eligible to claim certain car expenses on your tax return. However, it’s important to understand what qualifies as a legitimate work-related car expense and how to calculate it accurately to avoid issues with the...

Starting a business can be an exciting venture, but it also comes with a number of important considerations. From choosing the right business structure to understanding your financial obligations, being prepared from the outset can make all the difference in ensuring...