Attention tradies‼ Here's the #1 tax mistake you're probably making right now. 👇
NEGLECTING TO PUT MONEY AWAY FOR TAX TIME.
Sure, every dollar earned feels like it should go right back into your tools or business growth.
However, tax demands its due. 💯
I've noticed rookies often think, "No profits? No taxes."
But before they know it, success surges, and they're caught with zero saved for the tax bill.
This oversight is like skating on thin ice. ⛸
Come the end of the financial year, or perhaps after a few more, the repercussions of missed tax planning hit hard with a scary ATO invoice.
So be savvy: save for taxes now and avoid tax pitfalls later.
#greyspaceadvisory #trade #tax #ATO
#1 Tradie Tax Trap #shorts
Теги
greyspaceadvisorytradetaxATO1 Tradie Tax TrapTax Trapfinancial educationavoiding unexpected tax billsato tax obligations for self-employed individualstax debt management for tradiestradies' tax planning strategiesavoiding tax traps in australiasetting aside money for taxes as a tradiecase study: resolving tax debt for tradies