In today's episode, Andy and Ange dive into the tax troubles that can trip up even the savviest tradies.
Whether you're battling bookkeeping blues or just need a refresher on GST basics, this episode has got you covered.
Plus, we're spicing things up with our fun game to see which quirky tax claims passed the test.
What you’ll learn ...
🏴 Common Tax Mistakes: Learn why failing to set aside GST can wreak havoc on your finances and discover practical solutions to avoid common errors that could cost your business dearly.
🏴 Tax Foundations: Understanding different taxes in Australia is crucial. Andy explains the essentials of GST, and why it's not your money to spend!
🏴 Bookkeeping Wisdom: Hear why a good bookkeeper is crucial and how incorrect bookkeeping can lead to financial disaster.
🏴 Tax Man Game: Andy and Ange play a fun game, guessing which bizarre tax claims were accepted or denied. Ever wondered if dog food or an Xbox can be claimed? Tune in!
🏴 Insider Advice: Get tips on managing your finances better, from segregating GST to handling bookkeeping more efficiently.
📧 TRADIE DILEMMA: Andy and Ange tackle a question from Adam in NSW about maximizing tax deductions without stepping over the line with the ATO.
📥 FREE Downloads for This Episode:
81 Tax Deductions for Tradies
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Tune in, get tax-savvy, and transform how you manage your trade business taxes with fun and flair!