Record-Keeping Requirements for Sole Traders

Record-Keeping Requirements for Sole Traders

Record-keeping requirements for sole traders are a crucial part of managing your tax obligations and keeping your business running smoothly. If you’re running a sole trader business, you know how quickly paperwork can pile up. Staying on top of what to keep, how long to keep it, and what’s needed for your tax return can…

How to Calculate Annual Leave Loading: Step-by-Step Guide

How to Calculate Annual Leave Loading: Step-by-Step Guide

Learning how to calculate annual leave loading is a common challenge for Australian business owners and payroll teams. Annual leave loading is an extra payment employees may be entitled to when taking paid annual leave, designed to compensate for potential extra expenses incurred or lost penalty rates during holidays. Getting this right is important for…

How to Find My Super: A Simple Guide for Australians

How to Find My Super: A Simple Guide for Australians

It’s easy to lose track of your superannuation, especially if you’ve changed jobs, moved house, or opened more than one super account over the years. Many Australians have lost or unclaimed super without even realising it, which can mean missing out on valuable retirement savings. If you’re wondering “how do I find my super?”, you’re…

How to Calculate Your Income Tax Using the Latest Australian Tax Rates

How to Calculate Your Income Tax Using the Latest Australian Tax Rates

How to Calculate Your Income Tax Using the Latest Australian Tax RatesWorking out your income tax can seem confusing, especially with regular changes to Australian tax brackets and rates. Many people worry about paying too much tax or missing out on savings, especially when their taxable income changes from year to year. If you’ve ever…