Today I have the amazing Melissa Smith from Side Hustle Accounting with me to discuss all of the ins and outs of scaling your tax planning for your growing business. I’ve known and worked with Mel for years and her knowledge of the tax system is second to none because she’s been an accountant for more than 20 years.
Mel left a traditional tax accounting firm to run her own practice, Side Hustle Accounting, which she founded when she saw a real need for some accurate and quality advice on taxation and accounting just for side hustlers in Australia.
In today’s discussion Mel is here to fill you in on tax planning. Are you already zoning out? Don’t stress! This episode is chock-full of really easy to understand, simple actionable steps and advice to make sure you’re covered for the ATO as you’re growing your business.
Unfortunately, there’s no quick answer for a uniform exact percentage everyone in business will need to set aside. As with all things tax related, your situation will be different to the person down the street so it’s very important to consider your own circumstances, profit, expenses and business structure and speak to an accountant who knows you.
Mel is here to share all of her expertise and knowledge on everything you need to know to be confident in your tax planning so you can spend your time and energy growing your business.
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