Category: Tips

Estimating

Tips

Misquoting jobs can mean you are already on the backfoot before picking up any tools. Having a consistent estimation procedure in place is just good business. Most plumbers would prefer to pass on a project and lay on a beach somewhere, than to under quote the job and work...

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How to Reduce Tax for Tradies

Tips

Do you get everything back you deserve from the ATO at tax time? Here are some tips on tax deductions for tradies.   Car expenses are a focus for the ATO so be aware of the latest ways to claim them.   The one-third of actual expenses and the...

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6 Tips to Create Cashflow for Plumbers

Tips

Having your own plumbing business is a great thing. You get to work the hours you want, take holidays when you want, and answer to pretty much no-one. But it also means that you need to regulate your own cashflow and make sure you have enough money to live...

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Want to Make BAS/Tax Changes?

Tips

If you forgot to include some income in your tax return or found a bunch of receipts for items you didn’t claim GST back on, don’t worry, you can:   request an amendment to a previously lodged income tax return use your current activity statement to correct a GST...

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LinkedIn Company Page URL

Tips

LinkedIn Company Pages I’m in the process of setting up a LinkedIn page for Loft Accounting & Business Services and linking the URL to our website. I didn’t want to use the default ‘13579839’ as our LinkedIn URL. Instead, I wanted something more representative of our business name such...

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