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Is it too good to be true?

ALWAYS! Please be careful We all have heard of scams ripping people off, but the biggest rip offs are the legal ones. Not surprisingly, online shopping has accelerated nationwide during the COVID-19 pandemic and lockdowns, topping out at a 57% increase year on year. In fact, around four in five

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Why do I need to do a tax return?

I have already paid my tax in my wages!! Most of us must do a tax return each year, why???? Well, what most people do not know or are not aware of is that you do not actually pay tax each week or fortnight out of your wages. That money

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Tips to running a small business!

I am often asked, how should I run a business? That is a question that has a million answers! Because nearly all businesses are different. These are some sound ideas and best practices that I have seen over my years  of helping businesses. 1.  Record / Bookkeeping: Bookkeeping is the

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The Tax Office is coming!!

The Inspector-General of Taxations’ analysis of four years of ATO data found that collectable debt (tax owed by us)  grew by its largest margin between 2019 and 2020 from $26.6 billion to $34.1 billion, after the ATO suspended debt collection activity in response to the black summer bushfires and the

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