Accountant for Psychologists Blog Posts

HOW TO BE ABSOLUTELY PREPARED FOR YOUR TAXES

1. Create a Separate Bank Account for Tax Money Setting up a dedicated bank account for your tax savings can help you keep track of how...

KEEP BUSINESS & PERSONAL EXPENSES SEPARATE

Here are three really good reasons to make sure your business and personal money is kept separate. Tax Compliance Separating business and...

How to set Goals for your Psychology Business

Setting goals for your psychology business is key to ensuring growth, stability, and long-term success. Here’s a step-by-step guide to...

Making a Website for your Psychology Business

The first thing a potential client will do is to google you, and if you have a website and a LinkedIn profile you’ll be in total control...

INVESTMENT PROPERTY DEDUCTIONS

Understanding rental property tax deductions can save you a lot of money as a landlord. I hope this short article and checklist will help...

Deductions for Seminars, Conferences & Training Courses

The golden rules for claiming deductions relating to a seminar, conference or training course are: You must have spent the money yourself...

Working From Home Tax Deductions

How to claim tax deductions for Working from Home If you work from home to fulfil your employment duties, not just carrying out minimal...

2024 Budget Overview

The Budget and how it may affect You In this article Electricity Rebate Changes to HECS-HELP debt Stage 3 Tax Cuts Changes to Paid...

HECS-HELP debt

Updated May 2024 Good news from the Budget (May 2024) if you have a HECS-HELP student debt. From now on it will be indexed to...

5 Tips to Simplify Bookkeeping

Bookkeeping is an essential part of running a successful business. It’s more than just keeping the score, it’s about having access to...

Electric Vehicle Incentives from Federal & State Governments

Good news if you’re thinking of buying an electric car. You can buy it through your business if you are operating as a company or trust...

Is a Self Managed Super Fund right for me?

Traditional superannuation funds often feel like distant, impersonal entities and it’s hard to think of the money within them as actually...

What you need to register when you start a new Psychology Business

When you start a new business you will need to register for: Tax File Number (TFN) Australian Business Number (ABN) Goods & Services Tax...