Freelancer finances
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.
Freelancer finances
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.
Freelancer finances
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.
Freelancer finances
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.
Freelancer finances
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.
Freelancer finances
Apply for an ABN: A guide for sole traders
As a sole trader, before you can issue your first invoice, you’ll need to apply for an Australian Business Number (ABN). This guide walks you through exactly how to do just that.