Being an influencer isn’t just about likes and follows - it’s a real business, with real tax responsibilities. We’ve talked about income, deductions, and even how home offices and outfits fit into the picture. But there’s one more piece to the puzzle that can sneak up on creators as their brand grow...
We’ve addressed income; now let’s explore another important aspect of taxes: deductions. ✨
If you earn income from your social media activities, you’re likely operating a business - even if you're doing it from your spare bedroom with just a ring light and a dream. And that’s good news come tax tim...
The influencer world isn’t all fun and likes - it’s also a dynamic business with all sorts of income streams rolling in! From brand deals to digital products, the ways influencers can earn are as creative as the content they produce. But with great income comes great tax responsibility.Â
In this bl...
"Hi! Welcome back to my channel… Don’t forget to LIKE & SUBSCRIBE"
Sounds familiar, right? This was the mandatory catchphrase for every YouTuber before content creation boomed across other platforms like Instagram, TikTok, and Facebook. It was a key move for building engagement and growing an audie...
Rounded chatting with Lauren to get the answers to your top tax questions, like:
âś… Top sole trader tax mistakes
âś… Overlooked deductions you may be missing out on
âś… What the ATO is looking for this year and how to avoid these errors
âś… How PAYG-i works and how to save for tax
âś… How to make t...
This is the final blog in the three part series. Go to Part One or Part Two.Â
Staking rewards and airdrops are common in the crypto space. It's important to understand the tax implications of receiving staking rewards or airdrops.
This is part two of a three-part series* Read part one here.
What is a non-fungible token? It is a unique digital token representing the ownership of digital or real-work things (like artworks!). It cannot be copied or divided. It is im...
This is part one of a three-part series*
We’re seeing more and more of our clients needing to report on ownership of shares and crypto assets. This is because any dividends or income streams from ownership of these financia...
I see you… the overwhelm of getting everything ready for tax time is REAL.Â
Do you have all your invoices and receipts?
Bank statements?
… but are they all stuffed in a box under your bed? Or in the glove box of y...
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You might want to set up a payment plan with the ATO (and also check out our blog on debts).
The ATO offers payment plans that will help you pay your tax bill, especially if you are currently under financial hardship. You may also be able to set up a payment plan if you can...
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