Vicky Krishnamurthy

our Cash Budget Template spreadsheet allows you to give yourself a 12 month budget tracking each income item and expenses. We have added a whole list of income and expenses that are common to most businesses but the spreadsheet is fully customizable so you can add lines that are specific to you.

Making business easy for business owners!

Whether it's your 1st year or 10th year in business we are here to make the numbers side of your business easy and stress free.

Need help? Send me a DM 💌

Sometimes I laugh 😆, and sometimes I get angry! 🙃⁠
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We aren’t fortune tellers - I can’t magically see what your return will be.⁠
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Please know we always put our clients' best interests first.
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If you want to talk tax, book a free e-coffee call in our bio.

Even if you are not monitoring your numbers, it is still creating results be it good or bad. Don't you want to keep a tab on these results so you can level up?⁠
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Let me help you understand your numbers and potentially control them 🙌🏼⁠
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Send me a DM or click the link in my bio to book your session.

EOFY Tax Checklist

✅ Carry back losses
✅ Pay staff super early
✅ Prepay expenses
✅ Write off obsolete stock
✅ Private health insurance
✅ Trust resolution
✅ Forecast for next year
✅ Instant assets write off
✅ Write off bad debt
✅ Realise capital losses
✅ Director's super contribution
✅ Review tax structure
✅ Delay income
✅ Declare dividends
✅ Review performance

📌 Save this post to refer back to

Your spouse includes another person (of any s*x) who: ⁠
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🌸 You were in a relationship with that was registered under a prescribed state or territory law ⁠
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🌸 Although not legally married to you, lived with you on a genuine domestic basis in a relationship as a couple. ⁠

Make sure you know if they needed to be included on your tax return this year.

Need help? DM me 💌

Do I work for the ATO?⁠
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No⁠
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Do I get a commission from the ATO for processing taxes?⁠
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No⁠
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Do I get a portion of the client's tax refund/payable?⁠
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No⁠
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Do I have the ATO or client's interest at heart?⁠
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Clients' best interest, taking into account the legislation⁠
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Thank you for listening to my TED talk 😂

Wages are not taxable income!!!
Why is it important to differentiate?

It impacts your Medicare levy payment, Medicare levy surcharge payments, HECS repayment, Centrelink benefits, and Family Assistance benefits.

Talk everything over with your accountant so you don't make any mistakes

Not sure what is a business expense?⁠
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Here's a list of common expenses.⁠
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🌸 Contractors/VAs ⁠
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🌸 Subscriptions/ memberships ⁠
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🌸 Training courses ⁠
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🌸 Marketing & advertising ⁠
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🌸 Accountant fees ⁠
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🌸 Rego fees ⁠
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Have other things you aren't sure if you can claim or not? Click my link in bio to book an advisory session 📲

In short, yes!⁠
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Do you understand tax legislation, and employee and payroll rules? If not please invest in an accountant from day dot.⁠
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Investing in an accountant can save you 💸💸💸 and help you achieve your business goals! 🙌🏼