I appreciate you⌠and I depreciate your assets.
Depreciation is how we account for an assets value becoming reduced through time and use. It is the measure of decline in value of an asset used by a business to generate income. Assets depreciate at different rates and differen...
Them: Just buy a car before the end of financial year, you can write it off for business!
You: Hmm, that seems too good to be true. What about depreciation?
Them: Nah, use the âsmall business write offâ thing.
You: Iâm going to ask my accountant.
Me (your accountant): YAY!! A+ to you. Letâs chat about h...
VROOM VROOM TOOT TOOT
The Vengabus is coming and I hope theyâve done their log book!
Our friends at the ATO appreciate that sometimes we have to use our cars for work so they allow us to make a deduction for that, but there are some really specific rules on who can deduct, for which vehicles, and ...
You guessed it - I was the kid at the front of the class with her hand in the air, way too keen to answer the teacherâs questions. I would draft essays in advance. I loved homework. Obviously this isnât everyoneâs experience of school, but one thing I hope youâve learned to love along the way - is l...
Working from home definitely has its perks - most offices donât let you wear your tracksuit to work and rock big fluffy uggs either!
Whether you are an employee who works from home, or you run your business from the comfort of your own home, the ATO allows you to claim a deduction for expenses you ...
This is the last of three articles we've had the amazing Brooke Reardon help us with. Check out the first and second here.
Brooke is the founder of the law firm Wills & Estates, a national firm serving Australian adults in Wills & Estates. She's a total legend and she has been a huge help in gettin...
Honesty time - I am getting a Will only now. This is not the kind of blog I can write alone, but the information is super important for many of the creatives and small business owners in my community. So, I have called in my big gun, Brooke Reardon, and asked her some questions.
Brooke is the found...
Have you ever thought about what happens when you die?
No, I donât mean whether thereâs life after death and if there is, where you might be going⌠I mean, what happens to everything you leave behind?Â
You're special. I know it.
So many clients come to us feeling like their old accountants just don't understand them, their industry and the common expenses they incur as part of running their business.Â
We get it.Â
This blog covers the common deductions our creative clients might be entitled to. ...
Growing up I was taught by my parents that even with a little, we have a lot to give. From the days of having $5 pocket money, to now, I have been putting aside something to give to others.Â
Artists have shown their generosity in spades recently, whether the donation is something of value such as t...
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