The explosion of OnlyFans, YouTubers, TikTokers and others all offer an opportunity for ‘content creators’ to profit from the audiences they generate. But now the Tax Office has given notice to the booming industry. – Content creators: The tax risk warnings.
Starting a hobby business can be a fun and rewarding way for kids to learn important life skills like creativity, responsibility, and entrepreneurship. This article explores the benefits of encouraging children to turn their hobbies into small businesses, and provides tips for getting started. – Kid start-ups; the new age of kidpreneurs.
This article summarises the main features of the 2023-24 Federal Budget, which was delivered on Tuesday 9 May 2023. – Federal Budget 2023-24 Summary.
This article highlights the staggering number of Australian’s impacted annually by scams. It lists easy steps we can all take to keep our bank accounts safe and where to find help if we do fall victim to scammers. – Protect your bank account from scammers.
The 2023-24 Federal Budget will be released on Tuesday, 9 May 2023. Little has been released to date on the impending Budget beyond the tax on super balances above $3m and the decision not to extend the temporary $1,500 low and middle income tax offset beyond 30 June 2023. – Budget 2023-24.
This article focusses on the ATOs concerns that people with holiday homes are claiming more deductions than they should be and have begun questioning it. – Holiday homes: What the ATO will be asking.