Record-Keeping Tips for Maximising Your WFH Tax Deduction in Australia

Record-Keeping Tips for Maximising Your WFH Tax Deduction in Australia

Record-keeping tips for maximising your WFH tax deduction in Australia are more important than ever, especially since the Australian Taxation Office has updated its approach to working from home expenses. With more people working from home, knowing how to keep the right records and claim the right expenses can help you make the most of…

SGC Compliance: Record-Keeping and Reporting Obligations for Australian Businesse

SGC Compliance: Record-Keeping and Reporting Obligations for Australian Businesse

SGC compliance and keeping accurate records are essential for Australian businesses to meet their Superannuation Guarantee Charge obligations. If you’re an employer, you know how important it is to pay the right super contributions for your employees on time. Missing a payment or making a late payment can lead to a Super Guarantee (SG) shortfall…

IAS vs BAS: Key Differences and When You Need to Lodge Each

IAS vs BAS: Key Differences and When You Need to Lodge Each

Staying on top of your tax obligations is a common challenge for many Australian business owners. It’s easy to feel overwhelmed by the different forms and deadlines, especially when it comes to understanding the difference between the Instalment Activity Statement (IAS) and the Business Activity Statement (BAS). If you’ve ever wondered which form you need…

Asset Protection Strategies: How a Bucket Company Shields Your Business Wealth

Asset Protection Strategies: How a Bucket Company Shields Your Business Wealth

Asset protection strategies are essential for every business owner in Australia, and using a bucket company is one of the most effective ways to shield your business wealth. Many business owners worry about how to protect as much business income as possible from unexpected risks and high tax rates. This article explains how a bucket…