Get the e-book: 'Money talks - but what on earth is it saying?'

Partnership Tax- Everything you need to know!

May 30, 2023


Partnerships are one of the most popular forms of business structure that allows two or more (up to 20) people to come together and share in the profits and losses of a business venture. That said, please don’t just go and register your own Partnership - even though it...


Debt Free in 12-months

Apr 26, 2023

Debt Free in 12-months

1. Get our budget package | Click here (<$50)

Or, for $30 or $0 even! Just buy or borrow some of these books (and continue reading this blog):

    1. The Barefoot Investor
    2. Budgets Don’t Work, But This Does
    3. Ditch The Debt and Get Rich

Credit: this summary below is...


Home Office Expenses

Apr 26, 2023

Home Office Expenses 2023 update

We wrote a blog a little while back about how to make a claim for using your home for employment work or your own business work here but...

The method by which taxpayers claim deductions for costs incurred when working from home has recently been updated by the...


Per diems, Allowances, and Reimbursements

Apr 26, 2023

Are you spending money and getting it covered by your employer?

It may be one of these 3 forms:

  1. Reimbursements
  2. Per diems
  3. Allowances

These are all important forms of compensation for creatives in Australia. These payments help to cover expenses that may be incurred while on the job, such as...


Tease and Tax Time

Apr 21, 2023

Really working those ASSets? 

Thinking of working in the adult entertainment industry?

The statement ‘your body, your business’ couldn’t be more true, and in more ways than one. The money you are earning is not magical free money with no obligations or tax, and it needs to...



Apr 10, 2023

Inventory are the products that we buy or make to then sell in our business. Manufacturing is the process of making the inventory ourselves from raw materials (rather than buying it from another business to then on-sell to your customer). It can be a complicated process and certainly the proper...


Xero STP Phase 2

Dec 21, 2022

STP = Single Touch Payroll

STP is a function that the ATO introduced that requires employers to process their payroll (weekly, fortnightly, monthly etc.) and report to the ATO that payroll information each time. It is ‘single touch’ simply meaning it is a pretty straightforward...


What is Inventory?

Nov 22, 2022

Inventory is a just fancy word for stock - think products, things, physical stuff you sell to your customers. 

There are three main types of inventory. 

  1. Merchandise/products that you’re reselling (i.e. buy it from someone, sell to someone else), 
  2. Products you sell as a part...


Nov 21, 2022

I know some of us love the ‘silly season’ and can’t wait to see friends and family, and exchange gifts - and I also know others might have uncomfortable histories with the holidays. You might love the pageantry of it all or hate the capitalist pressure of buying...


Super Changes 2022

Aug 22, 2022

What is super?

‘Super’ is just short for superannuation. You can get more information on super in our blog if you need. 


What has changed?

There are a few changes effective from 1 July 2022, but there are two key changes relevant to our clients:

1. The amount of the super...

1 2 3 4 5 6 7

50% Complete

Get started today!

Get on top of your business. Sign up to The Real Thiel and get small business news and information direct to your inbox!