
From the desk of Sonia Gibson
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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.
Top Business & Accounting Questions Answered by an Expert
Get expert answers to common business and accounting questions from Sonia Gibson, a trusted Sydney accountant. Simplify your finances today!
Strategy and the Fat Smoker: Key Business Lessons from David Maister
Discover key takeaways from 'Strategy and the Fat Smoker' by David Maister in this insightful book review by Sonia Gibson. Learn how to turn strategy into action for long-term success.
DIY Company Setup: Is It Worth the Risk?
Thinking about setting up your own company to save money? Sonia Gibson breaks down the risks, costs, and key considerations to help you make an informed decision.
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.
5 Costly Business Mistakes & How to Avoid Them
Learn the most common business mistakes and how to avoid them. Sonia Gibson shares expert accounting insights to help you build a stronger, more profitable business.
How to Refresh Your Business Finances for a Successful New Year
Start the new year strong with a financial refresh for your business. Sonia Gibson shares expert accounting tips to streamline operations and boost profitability.
How to Get the Most Out of Xero for Your Business Finances
Unlock Xero's full potential for your business. Sonia Gibson shares expert tips on using Xero to improve financial management and efficiency.
How to Grow Your Start-Up into a Thriving Business
Ready to take your start-up to the next level? Sonia Gibson shares expert insights on scaling your business, managing cash flow, and achieving sustainable growth.
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.
Your Guide to Tax-Deductible Business Expenses: What You Can Claim
Unsure which business costs are tax-deductible? This guide breaks down what you can and can’t claim to help you maximize your tax benefits legally.
Cashflow Management in Action: A Case Study on Business Success
Discover how effective cash flow management transformed this business. Learn key strategies to improve your financial stability and growth.
Why You Shouldn't Make Business Decisions Without Up-to-Date Financial Advice – A Case Study
Learn how staying informed with current financial advice helped this business avoid costly mistakes and make smarter decisions for growth.
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.
Women in Finance 2020: Sonia Gibson Named Accountant of the Year
Celebrating Sonia Gibson's achievement as Women in Finance 2020 Accountant of the Year! Learn how her passion for numbers and business success drives Accounting Heart.
