TRADIES TAX BLOG

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...

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...

Winter Olympic Sports & Running a Business

The Winter Olympics are well and truly underway, providing daily entertainment as we get to watch athletes compete in the pinnacle of their sport – but, has it ever crossed your mind that some of the skills and attributes of these winter sports are similar to the...

6 Similarities Between Tennis & Business

As the grand finals of the 2022 Australian Open near, we have broken down 6 similarities between tennis and business – because the fundamentals of the sport and business do have some surprising and important correlations worth noting.  1.       Mental...