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Claiming Work-Related Travel Expenses: Maximize Your Tax Deductions in Australia
Learn how to claim tax deductions for work-related travel expenses in Australia. Understand eligible expenses, substantiation requirements, and how to differentiate between business and private travel to ensure compliance and maximise your deductions.
Understanding the Tax Risks of Mixing Business Funds with Personal Offset Accounts
Discover the tax implications of transferring surplus business cash into personal mortgage offset accounts. Learn how Australian tax laws, specifically Section 109R, address this practice and the potential consequences for business owners.
Exploring Australia's Property Market: Key Trends and Insights for Investors and Homebuyers
Discover the latest property market trends in Australia, including investor strategies, interstate relocations, duplex developments, commercial property investments, and evolving deposit norms. Stay informed with expert insights from Sonia Gibson at Accounting Heart.
Why Every Business Owner Must Understand Their Financial Numbers
Discover why financial literacy is crucial for small business owners. Learn how understanding your numbers can guide informed decisions, prevent cash flow issues, and ensure business success.
Your Guide To The COVID-19 Business Grant For NSW Businesses
Understand the COVID-19 business grant for NSW businesses. Learn eligibility criteria, how to apply, and key deadlines. Access the support your business needs.
2021-22 Federal Budget: What It Means for You and Your Business
Discover the key highlights of the 2021-22 Federal Budget and how it impacts businesses and individuals in Australia. Stay informed on tax changes, incentives, and financial support.
How to Choose the Best Business Structure for Your Needs
Not sure which business structure is best for you? Learn the key differences between sole trader, partnership, company, and trust structures to make an informed decision for your business success.
Tax Time Checklist: 8 Must-Do Tasks for Business Owners Before 30 June
Prepare your business for tax time! Here are 8 crucial steps every business owner should take before 30 June to maximize deductions and stay compliant.
How to Pay Yourself from Your Company: 5 Tax-Smart Strategies
Wondering how to pay yourself as a business owner? Discover 5 tax-effective ways to withdraw income from your company while staying ATO-compliant.
Personal Services Income (PSI): Do You Earn It & What Does It Mean for Your Taxes?
Do you earn Personal Services Income (PSI)? Learn what PSI is, how the ATO classifies it, and what it means for your tax obligations as a business owner or contractor.
Why Leaving Profits in Your Company Could Cost You More Than You Think
Thinking of leaving profits in your company? Discover the tax implications, risks, and smarter ways to manage retained earnings for long-term financial success.
Dividend vs. Bonus vs. Director’s Fee: The Best Way to Pay Yourself
Not sure whether to pay yourself a dividend, bonus, or director’s fee? Learn the tax implications and best option for your business with expert insights from Sonia Gibson.
Business Structure Strategy: Combining Companies and Trusts for Maximum Benefits
Looking for the best business structure? This case study explores how combining a company and trust can provide tax benefits, asset protection, and flexibility.
Smart Strategies for Taking a Loan from Your Company – Case Study & Insights
Thinking of borrowing from your company? This case study explores how to structure company loans effectively while staying compliant with tax laws.
Business Vehicle Purchase: What You Need to Know About Tax & Compliance
Purchased a car for your business? Learn about tax deductions, GST claims, and ATO compliance to maximise your benefits. Expert insights from Sonia Gibson.
5 Essential Tax Prep Tips to Avoid Last-Minute Stress
Don't wait until the last minute at tax time! Discover 5 proactive steps to streamline your tax return, maximise deductions, and stay compliant. Expert tips from Sonia Gibson.
4 Cash Flow Management Strategies Every Business Owner Needs
Struggling with cash flow? Discover four essential cash flow management principles that can help stabilize your business finances and drive long-term success.
Budget 2020-21: The JobMaker Budget
Explore key takeaways from the 2020-21 JobMaker Budget. Understand how it impacts businesses, individuals, and future economic recovery.
How to Prepare for Tax Time: A Stress-Free Guide for Business Owners
Tax time doesn’t have to be stressful! Sonia Gibson shares expert tips to streamline your tax preparation and make life easier for you and your accountant.
Tax Time Survival: 6 Smart Tips for Australian Small Businesses
Tax time can be stressful for small businesses, but with the right strategies, you can stay organised and maximise deductions. Sonia Gibson from Accounting Heart shares 6 expert tips to help SMEs navigate tax season.
