TRADIES TAX BLOG
Meeting Your Trades Business Goals During A Global Slowdown
Are your trades business goals still relevant during a global slowdown? Talk to us about reviewing your goals, finances, and business plan, so you’re ready to meet the economic ups and downs. Optimism among business owners was high coming into 2022 – but several...
Weighing Up A Big Investment, In Your Trades Business
It can be expensive to invest in a new website, payment platform, project management software, machinery, or automation. So, should you take the plunge? Tradies Tax can help you weigh up the costs and benefits. Are you considering investing in a new way to make your...
5 Tips For Chasing Invoices, Without Annoying Your Clients
As a small trades business owner, trying to chase payments while not annoying your clients can be a challenge. Here, Tradies Tax have 5 tips for getting those outstanding invoices paid, while maintaining good relationships. Whether you’re a small trades business...
What The Commonwealth Games Can Teach Us, About The Importance Of High-Performing Teams In The Workplace
With the 2022 Birmingham Commonwealth Games well underway – and Australia performing exceedingly well – it is evident that teamwork makes the dream work, as whether athletes are competing in an individual or team event, when there is passion, support, and a common...
Cryptocurrency and Tax – How Does It Work In Australia?
Are you investing or considering buying cryptocurrency, like bitcoin? It’s important to explore the tax implications. Crypto transactions are on the ATO radar, and Tax and GST rules apply the same to crypto as to other forms of payment, just like bartering. Tradies...
Fringe Benefits Tax and Your Trades Business
Does your trades business offer employees’ benefits, in addition to salary and wages? If so, you may need to report Fringe Benefits Tax (FBT). Fringe Benefits can help employees reduce their taxable income, but you need to take care of the admin. Tradies Tax can help...
A Life Lesson We Can Learn, From State Of Origin
The State Of Origin rugby league series is dubbed one of Australia’s most premier sporting events and the pinnacle of rugby league, as the Queensland Maroons and the New South Wales Blues battle it out on the field in “Australian sport’s greatest rivalry”. If...
2022 Tax Tips For Your Small Trades Business
This year, it is important to get your records and tax return correct because of the continued unusual business circumstances. Tradies Tax can help make tax time easy for you, and make sure you are claiming all that you can for your business. Are you claiming all...
Understanding The Basics of Capital Gains Tax
Do you want to make sure you aren’t paying too much Capital Gains Tax? Tradies Tax can help ensure you receive any exemptions, discounts, or small business concessions allowed, as well as check for special circumstances. What is Capital Gains Tax? A capital...
QBCC Reporting – What You Need to Know Before You Lodge Your Annual Report
There has been an increased level of confusion amongst licensed operators in the building and construction industry over QBCC reporting – What is the reporting process? Who is reported to? What needs to be reported? Tradies Tax is here to help explain QBCC reporting,...
