Your Guide to PAYG Income Tax Instalments
If you're a sole trader or run a small business in Australia, you've probably heard the term 'pay as you go (PAYG) income tax instalment'. It's a system for prepaying your income tax throughout the year, rather than facing a large bill after lodging your annual return. This system breaks down your estimated tax liability […]
How to Lower Taxable Income for Australians
For Australian sole traders and small business owners, understanding how to lower taxable income isn't about finding obscure loopholes. It comes down to understanding and applying smart, legal strategies. This can involve maximising deductions, making savvy super contributions, and being clever about the timing of income and expenses. Taking this kind of proactive approach can […]
