How much should you pay yourself?

Being the boss means you get to make all the big decisions about your business – including how much to pay yourself in wages, salary or drawings. As the owner, you might need to underpay yourself in the early stages of building your business, so you can reinvest the profits. But your time is valuable […]

August 2026 Key Dates

The Australian Taxation Office has announced the following key dates to look out for in August 2026 14 August Lodge PAYG withholding payment summary annual report for: 21 August Lodge and pay July 2026 monthly business activity statement. 25 August Lodge and pay quarter 4, 2025–26 activity statement if you lodge electronically. 28 August Lodge […]