Our Blog

Charging GST without being Registered Isn’t Just a Mistake—it’s Illegal. It’s an easy trap to fall into, especially for small businesses and sole traders. Whether it’s due to confusion about the rules or poor advice, charging GST without being registered can lead to...

We know the juggle is real when running a small business! Between tax deadlines, BAS lodgements, and super payments, it’s easy for those key dates to sneak up on you. But here’s the thing—getting your calendar sorted now can save you a heap of stress later. Think...

Are You Meeting Your Superannuation Obligations? Superannuation isn’t just a legal requirement—it’s a promise to your employees that you’re investing in their future. For small business owners, understanding and meeting super obligations can feel overwhelming, but it...

Navigating the world of bookkeeping can feel like learning a new language. With so many terms thrown around—COGS, equity, accounts payable—it’s easy to get lost in the jargon. That’s why we’ve put together The DIY Bookkeeping Dictionary to demystify those key terms...

When you're on the hunt for second-hand bargains on platforms like Facebook Marketplace or Gumtree, it can feel a little fuzzy when it comes to business purchases. Whether you're picking up a used office chair, secondhand tech, or snagging discounted supplies, one...

You've just wrapped up a successful business meeting, and to celebrate, you decide to indulge in a nice bottle of wine. But when it's time to file your expenses, the question hits you—can you claim that wine as a business expense? The answer isn't as straightforward...

As a business owner in Australia, you know that a firm grasp of GST (Goods and Services Tax) regulations is essential to keeping your business compliant and avoiding costly mistakes. One area that often causes confusion is whether you can claim GST credits on...

If you were to pick the brain of anyone who’s been a biz ownership for a while, they’d talk your ear off with now-I-knows and wish-I-knew-thens.  One aspect of running a small-to-medium business that requires skill and experience (and sometimes, the benefit of...

Stories of business magnates starting out in suburban garages with nothing but a whiteboard and a dream have become the stuff of legend. We small business owners wear all of the hats, all of the time. That’s commendable, inspiring, and keeps things cost-effective,...

In the flurry of running a business, especially in the early days, many business owners relegate ‘doing the finances’ to an afterthought; a side mission that can be undertaken in the off hours. This is understandable, but it’s a mistake.  It is natural to want to put...