Blog Posts by Ryan

Every Day I’m Hustlin’

With the rise of social media like TikTok, the thousands of ideas are spread by the hour on how to earn extra coin on the side. Being part of the ‘Gig’ economy such as ridesharing, freelancing or having a ‘Side Hustle’ like drop-shipping and social media content creation might earn you some spare cash. If […] Read More

Why Tax Planning Matters

Unfortunately, tax is a part of life, but by doing some forward tax planning can help you reduce you tax expenses and make informed financial decisions. Everyone can benefit from tax planning from the biggest of business to an individual. Here’s why tax planning is so important: Maximize Your Deductions: You may be missing out […] Read More

ATO Lodgement dates

1 December Pay income tax for taxable large and medium taxpayers, companies and super funds. Lodgment of return is due 31 January 2024. Pay income tax for the taxable head company of a consolidated group with a member deemed to be a large or medium taxpayer in the latest year lodged. Lodgment of return is due 31 January 2024. Pay income […] Read More

First Home Super Saver Scheme

The First Home Super Saver Scheme (FHSSS) allows eligible Australians to build their first home deposit within their superannuation, utilising the tax cuts available to super funds. The scheme could boost deposit savings by at least 30% when compared to savings in a standard deposit account. Both before-tax (concessional) and after-tax (non-concessional) contributions made from 1 July 2017 are eligible for the FHSSS, these can be withdrawn from 1 July […] Read More

Look For Solutions, Not Just Problems

Here’s an article for every member of every team. Problems (or challenges, as we prefer to call them) are a natural offspring of change, and plenty of them are seen in the workplace every day. Becoming a finder of solutions, as opposed to just pointing out problems or complaining about them will make you an […] Read More

Last Call for Temporary Full Expensing

The past few years have seen the depreciation rules change several times; 50% upfront deductions for new plant & equipment under the ‘Backing Business Investment’, increasing the Instant Asset Write to $150,000 and most significantly, from the 6th of October 2020, including Temporary Full Expensing (TFE), which effectively uncapped Instant Asset Write-Off. After a few […] Read More

Cutting Out Digital Distractions

The information age we live in is fantastic; need to look up the closest restaurant: Google it. Need to get instructions on how to do anything; Look it up on YouTube. Want to know what your Friends & Family are up to; Facebook them. However, with all this excellent information at our fingertips 24/7 365, […] Read More