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We can provide valuable insights and updates on the latest regulations, policies, and best practices that can help individuals and businesses make informed decisions and optimise their financial strategies.
What are the advantages of a Company?
Wondering what are the advantages of a Company? Are you setting up a new business and trying to determine the right business structure? Here at Stellar Accounts, we get asked what is the difference between Sole Trader vs Company vs Trust so we've put together a series...
What are the advantages and disadvantages of being a sole trader?
Our team at Stellar Accounts are regularly quizzed about the advantages and disadvantages of being a sole trader. To help determine what business structure might be best suited to your needs, we’ve put together some more information about the pros and cons of becoming...
Will my Christmas Party be a Tax Deduction?
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...
Are you in business or is it just a hobby?
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 business -...
Thinking about starting a business – speak to your Accountant first!
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 -...
Latest from ATO on RideShare/UBER
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...
Are you and your business struggling under the weight of financial pressure? Stellar Accounts can help!
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 tight...
Work at Home Mums – Tips for running your business
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. Try...
Missed the 31 Oct Tax Return Deadline?
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 apply to...