Keep Busy (or not)

Here are some of the things I have been doing through my first 15 days of COVID self-imposed isolation, that have kept me sane:

• Rest - you are on a pretty extreme emotional journey right now and your mind and your heart might need a break. Take it, guilt free. You will be more...

In times of uncertainty it can feel impossible to find a way forward.

I know personally I have been on an emotional journey since that first announcement of the cancellation of Melbourne International Comedy Festival. A lot of my friends, and of course my clients, were affected by this decision...

PAYG-W

PAYG-W stands for Pay As You Go Withholding. These are tax amounts that the employer withholds from their employees' salary and wages, to then be paid to the ATO on their behalf. Businesses also withhold money from contractors who might have voluntary agreements in place and...

PAYG-I

PAYG-I stands for Pay As You Go Instalments. They are like instalment or pre payments the ATO kind of make you pay towards your end of year income tax debt. 

We like these because they help us (force us) to put money aside for tax. Instead of it sitting in our bank, teasing us...

This is the juicy stuff!

The number one question accountants get is:

“how do I reduce the tax I pay?”

Now that question is a little counter intuitive if you ask me, because if you make more money you pay more tax – so to me, more tax is a good sign!

BUT what we don't want you...

#1 Questions I get asked: What can I deduct for tax?

This blog is going to answer that question for those of you running small companies. Fortunately for you, the tax office is pretty forgiving, so majority of the expenses you incur in running your business can be deducted for tax.

This includes...

So you’re looking to get started with a business, or maybe you are already underway – congratulations (you’ve already made it further than most). Are you a sole trader? Do you have a trust? Maybe you want to start a company? Or a partnership?

No idea what the difference is? No...

Not sure if you noticed, but we skipped a few weeks... You can check out my last blog here.

I have been absolutely flat out with work, which has been great but it has meant that I haven't been as focused on building my business, writing blogs, facebook advertising etc. The results? Lower lead...

“I don’t have enough time”

– Everybody, Everywhere, All the time.

I am yet to run into someone with perfect time management and although I like to think of myself as pretty damn good, its been a long road to get here. Now that I am on top of my time I wanted to...

I was not blessed with height, or ball skills, but damn it I am self-motivated – so this is my JAM and I want to share it with you!

I want to whip you small business owners into shape, so listen up, here are my top 5 self-motivation tips:

1. Look at what you’re achieving. Running a...