So… what’s changing?

Australia is bringing in new financial rules called Tranche 2 AML reforms (AML = Anti-Money Laundering).

Basically, accountants will now have stricter legal responsibilities to help prevent things like fraud, money laundering, and financial crime, similar to what banks already...

From 1 July 2026, superannuation rules in Australia are getting a pretty major refresh under the Australian Taxation Office - and yes, it will change how and when you pay super for your team.

1. Super will move to ‘pay-as-you-pay’

Forget quarterly super payments. In the past, you could run y...

Weighing whether to start a company isn’t really a ‘go big or go home’ decision. There are a few things to consider, like your business size, level of risk, and growth plans, before deciding if a Pty Ltd structure is right for you.

If you’re currently operating as a sole trader, at some point you’v...

Part 2: Tax Offsets for Companies

We’re now on Part 2 and the final instalment of our tax offset mini-series – this time focusing on tax offsets available for companies.

Compared to individual tax offsets, company tax offsets are fewer, but they still make a meaningful difference to a company’s...

Part 1: Tax Offsets for Individuals

Have you ever calculated your tax payable and thought,

“Wait… this is lower than I expected!”

That’s the magic of tax offsets – one of the nicer surprises in taxation, like little bonuses hidden in the system.

Tax offsets and tax deductions are a bit alike – b...

You know that moment when your trading app proudly announces:

“You sold 1,000 units of [ETF/Share]!” 

…and then tax time hits and suddenly your accountant (aka: me) is gently asking:

“Cool, but which 1,000 units? Was it the first ones I bought 20 years ago, or a mix of the ones I bought last year...

Oooh, HECS!

A friendly guide to tax, PAYG, and kissing HECS debt goodbye.

HECS, or HECS-HELP, is a type of study and training support loan offered by the Australian government. You may be eligible for a HECS-HELP loan if you attend an approved higher education provider – that is, a provider eligib...

Choosing the Right Business Structure For You

Starting a business is exciting. You've got the idea, the passion, and the drive. But before diving headfirst into branding, design, or building your dream workspace, there’s a less glamorous yet critical decision to make: your business structure.

Rebates anyone?

The answer should be a definite YES! They’re extra tempting when it feels like you’re getting rewarded for spending.

Did you know the Australian Government offers a kind of rebate – not for shopping, but for your private health insurance? Yep, it’s real! It’s called the Private Hea...

Do you love surprises?

Woohoo, we do too! But when it comes to a surprise tax bill – no thanks. The good news is, you can actually earn a certain amount without paying any income tax at all.

Yes, really!

If you’re an Australian resident for tax purposes, you can earn up to $18,200 in a financial ...