ABN and Tax Return A Simple Guide for Sole Traders
When you're a sole trader, your Australian Business Number (ABN) and your personal tax return are closely linked. Any income you earn under that ABN is generally considered business income, which you may need to report on your individual tax return alongside any other income you’ve made. Think of your ABN as the official identifier […]
Small Business Tax Deductions in Australia
For many Australian small business owners, understanding small business tax deductions can be key to a healthier cash flow and a stronger bottom line. These aren't just random discounts; they are legitimate business expenses that can reduce your total taxable income, which may mean you owe less to the Australian Taxation Office (ATO) at the […]
