Rounded chatting with Lauren to get the answers to your top tax questions, like:

✅ Top sole trader tax mistakes

✅ Overlooked deductions you may be missing out on

✅ What the ATO is looking for this year and how to avoid these errors

✅ How PAYG-i works and how to save for tax

✅ How to make t...

Staking Rewards, Airdrops, Gifts, Loss, and Chain Splits

This is the final blog in the three part series. Go to Part One or Part Two. 

Staking rewards and airdrops are common in the crypto space. It's important to understand the tax implications of receiving staking rewards or airdrops.

Staking...

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

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...

CRYPTO ASSETS

This is part one of a three-part series*

Part 1: Understanding and Managing Crypto Asset Investments

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...

RECEIPTS AND EXPENSES

Your options for collecting and storing the right evidence!

I see you… the overwhelm of getting everything ready for tax time is REAL. 

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...

Big scary tax debt? 

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...

Income Averaging - we know you are not ‘average’ by any means, but the ATO have a special rule for people with special income that might help smooth things out in the long run.

Income Averaging is a type of tax relief that the ATO offers to ‘primary producers’ and ‘special professionals’. The commo...

Sing it with me… we are family! 

Tax time may sound like a snooze-fest, but hold on tight because we're about to reveal a treasure trove of tax benefits designed especially for parents like you. We get it – raising a family can be expensive, but did you know that the Australian tax system has some ...

A Guide to Grants, Prizes, and Awards for Creatives in Australia: Taxation, Unearned revenue, and GST Implications

Grants, prizes, and awards play an important role in supporting and recognising the talents and accomplishments of creatives. However, knowing the tax and GST (Goods and Services Tax) ...

Invoices Made Easy

In the world of business, invoices play a vital role in keeping track of finances and ensuring smooth transactions between buyers and sellers. Whether you're an experienced entrepreneur or just starting your own business, it's crucial to understand what an invoice is and how it f...