19 episodes

A podcast created for small business owners in Australia to give you actionable strategies, tips and tools to achieve success in your small business.

Small Business All Figured Out Corinne Cole & Sheryl Cole

    • Business
    • 5.0 • 6 Ratings

A podcast created for small business owners in Australia to give you actionable strategies, tips and tools to achieve success in your small business.

    JobKeeper 2.0 - The New Rules Explained.

    JobKeeper 2.0 - The New Rules Explained.

    With the first tranche of JobKeeper due to end on 28 September, find out whether you qualify for the extension and what steps you need to take next. Registered Tax Agents and CPA's Sheryl Cole & Corine Cole discuss Jobkeeper 2.0 and answer questions such as:
     
    Do you qualify for JobKeeper 2.0What you need to do to meet the additional turnover test How to identify eligible employees following the employee eligibility date change The new JobKeeper amounts The availability of alternative tests Key JobKeeper dates, and more. 

    • 24 min
    015.1 Tax Bite Update: Working From Home - The New 80 Cents Per Hour Method

    015.1 Tax Bite Update: Working From Home - The New 80 Cents Per Hour Method

    In this Tax Bite Update, we’re talking about claiming working from home using the new 80 Cents Per Hour Method recently announced by the Australian Taxation Office in response to the COVID-19 pandemic.
    These Tax Bites are created for you, the individual taxpayer, to give you tax tips and tools to help you prepare for Tax Time 2020 in Australia. This Tax Bite Edition is hosted by Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole.
    Special Tax Bite episodes will be happening in the lead up to tax time 2020 to help you prepare for tax time and get the inside scoop as to what you can and can’t claim on tax and what documentation you need to ensure your claim holds up in an ATO audit.
    In this Tax Bite Update, we talk about:
    What expenses are covered by the 80 Cents Per Hour Method; The period for which the 80 Cents Per Hour Method can be used;The benefits of using the 80 Cents Per Hour Method;The disadvantages of using the 80 Cents Per Hour Method (versus the Fixed-Rate Method and the Actual Method);The records required to be kept to claim home office expenses using this method.You can learn more about the show hosts, Corinne Cole and Sheryl Cole at:
    platinumaccounting.com.au
    thenumberninjas.com.au

    • 7 min
    015. Tax Bite: Working from home. What expenses can I claim in my tax return?

    015. Tax Bite: Working from home. What expenses can I claim in my tax return?

    In this Tax Bite episode, we’re talking about working from home and the home office expenses that you may be able to claim as a tax deduction. 
    These Tax Bites are created for you, the individual taxpayer, to give you tax tips and tools to help you prepare for Tax Time 2020 in Australia. This Tax Bite Edition is hosted by Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole.
    Special Tax Bite episodes will be happening in the lead up to tax time 2020 to help you prepare for tax time and get the inside scoop as to what you can and can’t claim on tax and what documentation you need to ensure your claim holds up in an ATO audit.
    In this Tax Bite, we talk about:
    The conditions that must be met in order to claim home office expensesThe difference between home office running expenses and home office occupancy expensesThe records and receipts you need to keep to claim home office expensesThe fixed-rate method versus the actual expenses method; andWe briefly chat about capital gains tax implications and claims for car and travel expenses when working from homeYou can learn more about the show hosts, Corinne Cole and Sheryl Cole at:
    platinumaccounting.com.au
    thenumberninjas.com.au

    • 20 min
    JobKeeper Payment: Everything You Need to Know

    JobKeeper Payment: Everything You Need to Know

    In this episode, Accountants, Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole dive deeper into the JobKeeper Payment Scheme and what it means for employers, self-employed people, and individuals by default.


    We clarify for you:
    The details of how you, as an employer, will determine your eligibility for the JobKeeper Payment The need for $1,500 physical wage payments that must be made to your employees in the two fortnights of April 2020 - and all fortnights beyond - in order for your employees to be eligible for JobKeeper PaymentThe registration process and the documentation to be completed by you and your employees How to assess whether you have satisfied the decline in turnover test (the basic test and the alternative test)Your monthly reporting obligations to the ATO for the next 6 months How sole traders, and other self-employed type individuals can go about registering for the JobKeeper payment; and The integrity measures that will ensure fair access to the JobKeeper scheme.

    You can learn more about the show hosts, Corinne Cole and Sheryl Cole at:
    platinumaccounting.com.au
    thenumberninjas.com.au

    • 33 min
    014. Job Keeper Payments & further updates on Government Stimulus Measures

    014. Job Keeper Payments & further updates on Government Stimulus Measures

    In this episode, Accountants, Registered Tax Agents and CPA’s Sheryl Cole and Corinne provide further details regarding the Government's Stimulus Packages and other subsidies, grants and relief that may be available to your business in response to COVID-19.
    We clarify for you:
    Job Keeper Payments and the eligibility of employers, employees and self-employed.Business Grants of up to 10k in VictoriaTax-free payments up to $100,000 for employers; a closer look.Moratorium on evictions and rent relief for commercial tenantsInstant asset write off and Accelerated depreciation; a closer lookATO assistance and support that is available during this pandemicWe referenced the National Cabinet's Mandatory Code of Conduct regarding SME Commercial Leasing Principles during COVID-19. You can access the document here.
    Further updates will follow as more information becomes available. Be sure to follow us on Facebook for the latest information.
    You can learn more about the show hosts, Corinne Cole and Sheryl Cole at:
    platinumaccounting.com.au
    thenumberninjas.com.au

    • 36 min
    013. Tax Bite: Reasons Why You Should Always Use a Tax Agent

    013. Tax Bite: Reasons Why You Should Always Use a Tax Agent

    A tax agent can provide you with much more value than you may realise. In this episode, Corinne and Sheryl talk about the reasons why you should use a Registered Tax Agent to prepare your individual tax return in tax time 2020.

    We outline the 6 ways that working with a Registered Tax Agent will benefit you:

    1. Knowledge and experience
    2. Valuable relationships and timely advice
    3. Expertise in occupation-specific tax deductions
    4. Convenience and time-saving
    5. Extended tax lodgement deadlines
    6. Tax agent fees - they pay for themselves.

    You can learn more about the show's hosts, Corinne Cole and Sheryl Cole at:
    platinumaccounting.com.au
    thenumberninjas.com.au

    You may also be interested in our Finance and Mortgage Broking division. You can visit PAT Finance & Mortgage Brokers here

    • 19 min

Customer Reviews

5.0 out of 5
6 Ratings

6 Ratings

paypalhappygirl ,

I wouldn’t exist without Platinum Accounting

Great idea!
The more we know the more enjoyable
You girls are awesome and thoughtful
Great to have the option to listen to your advice even when I’m busy cooking in my truck
Gracias

Stacey Matt ,

Very informative

Sheryl and Corinne breakdown all the facts and explain everything simply!
Thank you guys, I am now better prepared for claiming come tax time!
Couldn’t recommend better tax agents!

AliciaK81 ,

Essential listening for small biz owners

A fantastic resource that helps me grow and optimize my business. I love how Corinne and Sheryl take complex topics and break them down into bite-sized chunks. I learn something new every episode. Invaluable, easy listening!

Top Podcasts In Business