If ‘JobKeeper’ was an assignment…
>> WATCH NOW << TRANSCRIPT: Teacher (ATO): [Monday 20th April] Here’s your assignment (JobKeeper). You will have VERY LIMITED TIME to complete it. I haven’t given you all the details just yet, but have a go. I...READ MORE
Am I eligible for the JobKeeper payment?
A shout out to all my accounting brother and sisters out there, the last week or so have been INSANE! For those who aren’t aware, your tax professionals have been working incredibly hard to get their heads around the new JobKeeper payment rules…READ MORE
UPDATE: #2 COVID-19 Australian $66 billion stimulus package
On the morning of Sunday 22 of March, our prime minster Scott Morrison unveiled a second stimulus package totalling $66 billion. I’m going to be running through these updated incentives, particularly those that directly affect Australian small business. Now I’ve been a little bit slow…READ MORE
What do I get from the Australian economic stimulus package?
Following the World Health Organisation’s announcement confirming the Coronavirus’ as PANDEMIC, our government has put together a scheme to keep our economy rolling on. On the morning of Thursday 12 of March, our prime minster Scott Morrison presented a number of measures, including cash…READ MORE
How I SOLD my eCommerce business
If you know a little bit about me, I have been running an eCommerce business called Aura Eve for about 5 years now. It is a booty band and activewear online store which I was running with a business partner from 2014 until the very end of last…READ MORE
Who is Little Miss Bookkeeping?
My name is Michelle Knight. I am a millennial Chartered Accountant and small business owner. I live on the beautiful Sunshine Coast, QLD, Australia. I’ve been an accountant working in public practice since 2012, predominantly assisting and servicing small to medium businesses. I…READ MORE
How do I repay my HELP (HECS) debt?
Ever wondered how your HELP/HECS debt gets paid to the government? Are you unsure about these so called ‘thresholds’ and what they mean? We are currently rolling into a new financial year, which means some changes around tax legislation,…READ MORE
What is the Medicare Levy?
I recently received my Wondersmile aligners and it got me thinking about private health insurance and health care in Australia, more commonly known as Medicare. So I thought I’d give you a quick rundown. What’s the Medicare Levy? And how does it get calculated? What happens…READ MORE
How does my tax get calculated?
Ever wondered how your individual income tax gets calculated? Or how the Australian taxation system works? Long story short, in Australia the more you earn the more you get taxed. Tax affects all of us, so it’s important to understand how it works. If we didn’t pay…READ MORE