5 Smart Ways to Optimize Cash Flow for Small Businesses
Small businesses navigate through the peaks and valleys of the incessant changes in the economies globally. Hence, managing cash flows is pivotal to meet the daily financial needs of the company. Unlike large corporations, small businesses often lack significant cash reserves to weather constantly changing markets. One wrong move – you are out in the […]
Tax Return Deadline 2024 is Here; What You Need to Know?
Tax season is almost up. If you haven’t filed your income tax return, it’s time to get it done right away.
How to Minimise Capital Gains Tax on Investment Property: Everything YouNeed to Know
Are you worried about Capital Gains Tax (CGT) on your investment properties? Well, youhave landed at the right place. In this blog, we will share some important things about CGT.More importantly, we will explain how you can minimise your CGT and stay compliant withATO guidelines! So, let’s get started. What is Capital Gains Tax (CGT)? […]
Tax Planning Guide for IT Companies in Australia
IT companies need very comprehensive tax planning to improve their financial performance. On topof that, they have to stay compliant with existing ATO guidelines to avoid any legal penalties and legalissues. In this blog, we will take a quick look at some very effective and simple tax planning tips thatcan help any IT company with […]
When Do You Pay Capital Gains Tax On Property in Australia?
Capital gains tax (CGT) is a complex concept that can confuse even seasoned real estate investors. However, it significantly impacts the profits you pocket when selling property assets. If you plan to sell a home or land, you must have a clear idea about CGT and how it impacts your investment planning and portfolio management. […]
Taxation for Uber Eats and Other Delivery Drivers
The number of Aussies moving to food delivery is rising. Delivery services like Uber Eats, Menulog, and DoorDash are offering good job opportunities. But at the same time, the tax obligations of these individuals should also be taken into account. Today, in this blog, we will take a look at Uber Eats’ tax obligations to […]
4 Most Common Tax Scams and How To Stay Safe?
Tax season is the time when two groups of people work round the clock. The first one is the group of tax accountants and return-filing specialists who work to help individuals minimise their tax burden. And the second one is the group of scammers who work full-time to rob hard-working Aussies of their hard-earned money. […]
What is the Medicare Levy Charge?
The Medicare Levy is a tax that helps fund the public healthcare system in Australia. Nearly all Australian taxpayers contribute to this fund, with the standard rate being 2% of your taxable income. However, if you earn above a certain threshold and don’t have private hospital cover, you might need to pay an additional charge […]
What factors affect your credit score?
Your credit score is extremely vital to ease your financial functioning. With a good creditscore, you can secure loans, grab credit cards and even rent a property without much hassleBut if your credit score is low, you might face challenges to accomplish these tasks.Moreover, you might have to shell out more money as interest rates […]
Tax Impact on Bitcoin and Cryptocurrency in Australia
Cryptocurrencies like Bitcoin and Ethereum is constantly rising. More number of Aussies areinvesting in cryptocurrencies with every passing year. But this has made the taxation a bitcomplex. If you too are a crypto investor and want to know how your investments can be taxed, you’velanded at the right page. In this blog, we will explain […]