Is meeting clients for coffee tax deductible?
If you buy your client coffee, is it tax deductible? What about petrol? Can you claim your AirBNB costs when visiting a client? Let’s examine some of these tricky questions, so you can be better prepared for tax time.
The freelancer’s guide to a Business Activity Statement (BAS)
If you’re a freelancer registered for GST, then you will probably need to submit a business activity statement, or BAS, to the ATO each quarter. This article covers what you need to know to file your BAS.
How to get help from the ATO when lodging your tax return
It's a little known fact the ATO provides a wide range of support and resources for sole traders and small business owners to help with lodging tax returns. In this blog we explore what's on offer and where to find it.
What is a sole trader?
Sole trader is an ambiguous phrase and often misused or confused with other similar titles. If you’re planning on starting your own business or working full time as a freelancer, it’s important to understand what a sole trader is.
Should you register for GST?
If you’re confused by the concept of GST, you’re not alone. Many freelancers and sole traders in Australia aren’t sure if they need to register for GST, or how to calculate it and charge clients appropriately.
What can you claim on tax? A guide for freelancers
“What can I claim on tax?” It’s one of the most important questions for freelancers and sole traders to understand. Here’s what sole traders need to know about tax deductions.
Navigating a Slow Economy: Key Strategies for Sole Traders
Regular interest rate rises and increases to the cost of living have contributed to widespread uncertainty about the economy. How will your finances be impacted? What can you do to safeguard yourself and your business until things start to improve? Read on to learn some key strategies you can employ to navigate a slow economy.