Current ATO focus areas (3 main points): Work related expenses (WRE). Rental properties. Crypto/digital assets. WRE – mistakes often made: Copy/paste deductions from last year – big ATO target area...
As of November 2022 if you are a director, or alternate director of a company that is registered as an Australian Body, or registered foreign company under the Corporations Act 2001 you...
The team at Think Big Financial Group have scheduled a series of information sessions around some key changes impacting businesses in the coming months. The first of these sessions is...
Following on from our JobKeeper Q&A Call, we wanted to update you with the most current information for the JobKeeper Scheme for Sole Traders and Other Entities as of 16...
Following on from our JobKeeper Q&A Call, we wanted to update you with the most current information for the JobKeeper Scheme as of 16 April 2020. The ATO has released...
Imagine that, without any effort on your part, enough money regularly pours into your bank account to meet (or exceed) all your living expenses. Suddenly, work becomes optional and a...
Understanding the Government Stimulus Package to stabilise economic downturn in the wake of COVID-19
As we’re all becoming aware, COVID-19 is starting to have a greater impact on our communities. With the State of Victoria declaring a State of Emergency yesterday morning, and the...
As New Year resolution time rolls around, don't forget about your business. Every business can benefit from a few resolutions of its own! Try these ideas that any business can use...
Uber connects riders with drivers through apps... Airbnb connects hosts with travellers looking for a place to sleep through its website... Zopa connects lenders with borrowers through its peer-to-peer lending...
How often do you tidy up your business finances? As the end of financial year rolls by again, now is a great time to undertake a bit of business housekeeping....
As the end of financial year approaches again, we want to share with you 22 smart ways to save big money and help you minimise your tax liability. After all,...
You may have already heard that Single Touch Payroll (STP) is mandatory for all businesses that have payroll (including directors) from the 1st of July 2019. This article provides an...
