by Stellar Accounts | Australian Tax Office, Business Tips, Taxation
Having a Christmas Party? Like most other businesses, at Stellar Accounts we love Christmas and parties, so we are in love with Christmas parties! And we want to make sure that we look after our staff and clients while maximising any related tax benefits. Do you...
by Stellar Accounts | Business Tips, Taxation
Hobby or Business? How to know when you need to start reporting your income? Selling online The questions below can help you understand whether your online selling is a hobby or a business. Every ‘yes’ answer increases the likelihood you are carrying on a...
by Stellar Accounts | Business Structure, Business Tips
What should I do when starting a new business or thinking about changing my current business structure? If there is one tip I can give to those thinking about starting a business or those you are already in business and are thinking about changing their structure...
by Stellar Accounts | Australian Tax Office, Business Tips, UBER Drivers
Latest update from the ATO in relation to Rideshare. Assistant Commissioner Tom Wheeler said the ATO is still working to educate ride-sourcing drivers, but now focus is shifting to drivers who are ignoring their obligations. “We know that most drivers do the right...
by Stellar Accounts | Business Tips, Taxation
Are you in Debt? Or heading into Financial Difficulty? Warning signs to watch out for: Issues with money coming in: You don’t know what the total debts outstanding to your business are. People aren’t paying you on time. Issues with money going out: Cash flow is...
by Stellar Accounts | Business Tips
Do you have an employee that hasn’t nominated their Superannuation fund ? If your employees haven’t provided their super fund information, you will need to make their super guarantee payments into your employer-nominated or default fund by the required due...
by Stellar Accounts | Business Tips
Are you a work from home mum? Stellar Accounts have put together some tips to help you run family, house and business while reducing the associated stress: Planning – Forward planning is your friend. If you only have time for one thing, make planning a priority....
by Stellar Accounts | Taxation
What to do if you didn’t lodge your tax return prior to 31 October? If you use a tax agent (like Stellar Accounts) to prepare and lodge your tax return, the chances are you simply don’t need to worry about the 31 October deadline because it probably doesn’t...
by Stellar Accounts | Business Structure
Registering as a sole trader is a great option for people wanting to start a small business. It’s the simplest and cheapest business structure to set up with very few obligations, unlike other business structures. Being a sole trader is perfect for someone who plans...
by Stellar Accounts | Taxation
Fly In Fly Out (FIFO) Workers & Zone Rebates As a FIFO worker, you may be eligible for a ‘zone tax offset’ if you live or work in a remote or isolated area of Australia (but not an offshore oil or gas rig) for at least half the tax year. These offsets are...
