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...

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 ...

The influencer world isn’t all fun and likes - it’s also a dynamic business with all sorts of income streams rolling in! From brand deals to digital products, the ways influencers can earn are as creative as the content they produce. But with great income comes great tax responsibility. 

In this bl...

"Hi! Welcome back to my channel… Don’t forget to LIKE & SUBSCRIBE"

Sounds familiar, right? This was the mandatory catchphrase for every YouTuber before content creation boomed across other platforms like Instagram, TikTok, and Facebook. It was a key move for building engagement and growing an audie...

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...

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...

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...

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) ...