Month: September 2025

Understanding the Medicare Levy Surcharge can feel overwhelming, especially when you’re trying to figure out how it affects your business income and personal tax obligations. Many business owners are surprised to discover they’re liable for this additional tax, particularly when they receive directors’ fees or other business-related income that pushes them above the income thresholds.How…

Understanding how to calculate your business tax liability and plan for payments is essential for any small business owner aiming to maintain steady cash flow and avoid surprises at tax time. When you know how much tax you’re likely to pay and set aside funds throughout the financial year, you’ll reduce stress and keep your…

Choosing the right business structure in Australia is one of the most critical business decisions you’ll make as a business owner, directly impacting your tax implications, personal liability exposure, and legal obligations. With four main types of business structures available – sole trader, partnership, company, and trust – understanding how each affects your business profits,…

Understanding ATO Business Services can transform how your small business handles tax compliance, from simplifying record keeping to simplifying Business Activity Statement (BAS) lodgements. If you’re feeling overwhelmed by the maze of Australian tax obligations, you’re not alone – many small business owners struggle to stay on top of their responsibilities while trying to grow…