Tips
16 articles from the BTMH team.
How to calculate GST: why you divide by 11, not 10
GST is 10% of the price before GST, which means it is one-eleventh of the price your customer pays. Take 10% off the total and you overpay the ATO on every invoice. Here is the arithmetic, both directions, with the shortcuts worth memorising.
Read more →
Top cyber security tips for individuals (2026 Guide)
Cyber criminals are constantly looking to steal personal information, money and identities. The good news is that many cyber-attacks can be prevented from using basic security habits. This guide covers…
Read more →
Top cyber security tips for businesses (2026 Guide)
Cyber security is not just a technical issue – it’s a business risk. If your business data is lost, stolen or compromised, recovery can be costly, time-consuming and damaging to…
Read more →
Why should every business owner keep a travel diary?
When you travel for business – meeting clients, visiting suppliers or attending conferences – it’s important to keep clear records of your activities and expenses. This helps you claim tax…
Read more →
Smart moves: why Sydney small businesses need a tax expert?
Running a café, freelancing, or selling online in Sydney? Managing Australia’s tax system can get complicated fast. From GST to super obligations, staying compliant while optimising finances is challenging. A…
Read more →
Reduce the Cost of Your Energy Bills with Smart Upgrades
Small changes around your home or business can make a significant impact on your energy bills. With the growing availability of energy-efficient appliances, it’s easier than ever to save energy,…
Read more →
Maximise Your Long Service Leave Entitlements: What You Need to Know!
Did you know you’re entitled to Long Service Leave (LSL) after working with the same employer for an extended period? Whether in the public or private sector, it’s a valuable…
Read more →
Comparing SMSFs with Other Super Funds: What You Need to Know
When it comes to managing your retirement savings in Australia, choosing the right superannuation fund is crucial. Self-Managed Superannuation Funds (SMSFs) and traditional super funds both offer unique advantages and…
Read more →
ATO Lifestyle Assets Data-Matching Program
The Australian Taxation Office (ATO) has announced a New Data-Matching Program targeting lifestyle assets. This initiative aims to enhance tax compliance and provide a clearer understanding of taxpayers’ assets. The…
Read more →
ABN vs TFN: Understanding the differences
A TFN is your private tax identifier and you need one if you earn money in Australia. An ABN is your business's public identifier and you only need one if you run a business. Many people hold both.
Read more →
TAX FUNDAMENTALS
Australian taxes are complex, and our primary job is to make you navigate and be compliant with all of them. To make our job more efficient, it helps if you…
Read more →
Preparing Yourself for Your Tax Return
What to bring to your tax appointment, and what to have ready before you arrive, so the return can be finished in one visit rather than three.
Read more →
Cash Flow Management – The Key to Financial Success of Your Business!
Let’s start with the purpose: Proper cash flow management is crucial to maintain liquidity and growth All business decisions must be made in consideration of cash flow impact Cash is…
Read more →
ATO Scams – What do I do?
Scams are easily the most prevalent danger we face in our day-to-day lives. Even if you are familiar with all the classic warning signs, your online safety is not guaranteed….
Read more →
PAYG Instalments: What Are They All About?
PAYG (Pay-As-You-Go) instalments are a form of pre-payment for your income tax obligations. The amounts you paid in your instalments will be credited to you on your tax return. If…
Read more →
How to Protect Yourself from Tax Scam?
How to Safeguard Your Finances During Tax Season (and not only)? With tax time just around the corner, scammers are stepping up their game by impersonating the Australian Taxation Office…
Read more →