Sole Trader

Choosing the Right Business Structure: 6 Key Factors to Consider

When starting or restructuring a business, one of the most important decisions to make is choosing the right business structure. This choice can…

Non-Commercial Losses for Sole Traders: What You Need to Know

What Is a Non-Commercial Loss? As a sole trader, your business income and expenses are often intertwined with your personal finances. Sometimes, your…

Navigating Working from Home: How Business Owners Can Claim Home Office Costs

Hey there, business owners! One of the questions we often get asked is, “Can I claim part of my rent if I work…

Navigating Motor Vehicle Expenses: Cents-per-Km vs Logbook Method

Hey there, solo entrepreneurs (sole traders)! If you’ve ever been puzzled about how to claim motor vehicle expenses, you’re in good company. Today,…

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