Sole trader vs company: the tax truth for WA businesses
Should you operate as a sole trader or set up a company? It's one of the most consequential financial decisions a WA business owner can make — and the answer depends entirely on your numbers. Michael Jones breaks down the real tax difference, the hidden costs of a company structure, and exactly when a restructure makes sense.
ATO’s Watchlist 2025: What’s Hot, What’s Not, and What’ll Get You Audited
Tax season can feel like a minefield, especially with the ATO's sharpened audit tools for 2025. From dubious work-from-home claims to crypto mishaps and rental deductions that don't hold water, the ATO's enhanced data-matching and budget make it easier to get caught out.
Ready to stay ahead? Let's chat and ensure you're on the right track this tax season!