The Aevum Accounting Podcast

Are you falling for the "Bank Balance Illusion"? If you are using the cash in your everyday operating account to fund new equipment or marketing, you might actually be spending the ATO's money—and setting your business up for a massive tax hangover.In this episode, Mia and Leo reveal Ben De Rosa's ultimate cash flow strategy: The Vault System. Learn how to stop guessing with flat tax percentages and start quarantining your GST and Income Tax in a way that actually makes your business money.In this episode, we cover:The Bank Balance Illusion: Why logging into your banking app and seeing a healthy balance does not mean you actually have working capital.The Vault System: How to set up a segregated, high-yield holding account to quarantine your tax and earn interest on the ATO's dime.The Second-Year Tax Trap: A critical warning for successful new businesses about the dreaded PAYG Instalment shock (paying for the past and the future at the same time).Stop Guessing: How to use your Xero Profit & Loss reports and the Moneysmart Tax Calculator to figure out your exact, manageable weekly tax transfer.The Payday Super Threat: Why the upcoming July 2026 law change will break businesses that haven't mastered their cash flow.The Points Play: How to combine your Vault cash with pay.com.au to turn your massive tax bill into Business Class flights.Stop stressing over your quarterly BAS and start building an untouchable cash buffer.Connect with Aevum Accounting:Ready to bulletproof your cash flow? Visit aevumaccounting.com.au to book a Xero setup and systems review with Ben and the team today.Important Disclaimer: The information shared in this episode and description is for general informational purposes only and does not constitute specific tax or financial advice. Everyone's situation is unique, and tax laws are complex. For personalized advice tailored to your specific business or personal situation, we always recommend consulting with a qualified professional at Aevum Accounting.

Do you assume every invoice leaving your clinic is GST-free just because you work in healthcare? That common assumption is a ticking tax bomb that could cost your practice tens of thousands of dollars.In this episode, Mia and Leo tackle the most dangerous bookkeeping traps in the medical sector. While the ATO provides generous GST exemptions for patient care, the rules change entirely depending on who is receiving the bill and why the service is being provided.In this episode, we cover:The Core Exemption: Why the Medicare benefit is the ultimate benchmark for tax-free treatment.The "Recipient of Supply" Trap: Why billing an insurance company or a corporate employer for a pre-employment check suddenly makes your services taxable.Cosmetic vs. Necessary: The strict ATO line between tax-free healthcare and taxable aesthetic procedures.Delegated vs. Referred: How to handle GST when your nurses administer treatments versus referring a patient to an external specialist.The Medical Report Minefield: Why sending a report to a lawyer triggers a 10% GST charge, but sending it to a referring GP doesn't.Bulletproofing Your Books: How Ben structures your Chart of Accounts so your front desk staff don't have to be tax experts.Stop guessing with your GST codes and protect your clinic from an unexpected ATO audit.Connect with Aevum Accounting:Don't let a default setting in your accounting software trigger a compliance nightmare. Visit aevumaccounting.com.au to book a health-check on your clinic's invoicing and Chart of Accounts with Ben and the team today.Shoutout: Big thanks to "Clinic Chloe" in Balcatta for the 5-star review!Important Disclaimer: The information shared in this episode and description is for general informational purposes only and does not constitute specific tax or financial advice. Everyone's situation is unique, and tax laws are complex. For personalized advice tailored to your clinic's specific situation, we always recommend consulting with a qualified professional at Aevum Accounting.

You've built your business from the ground up, but when it’s time to sell, hand it over to your kids, or restructure, the ATO is waiting for their cut. Will you lose up to 47% of your life's work to Capital Gains Tax, or will you legally pay absolutely zero?In this episode, Mia, Leo, and tax strategist Harvey Green break down the end game: Succession Planning and Restructuring. We explore the "Holy Grail" of the Australian tax system—the Small Business CGT Concessions—and warn against the fatal, relationship-ruining mistakes business owners make when trying to "gift" assets to family members.In this episode, we cover:The CGT Waterfall: How to navigate the 15-Year Exemption, the 50% Active Asset Reduction, and the Retirement Exemption to legally slash your Capital Gains Tax to zero.The "Gift" Trap: Why giving your business or investment property to your children for "free" will still trigger a massive tax and stamp duty bill based on the ATO's Market Value Substitution Rule.Restructuring Secrets: How to upgrade your business structure from a Sole Trader to a Company or Family Trust without triggering immediate CGT using the Small Business Restructure Rollover (SBRR).The Active Asset Test: Why being too successful and hoarding "too much cash" in your trading company can actually disqualify you from these generous tax breaks.The 5-Year Rule: Why you need to start cleaning up your balance sheet and planning your exit strategy at least five years before you actually want to retire.You only get to sell your business once. Make sure you actually get to keep the money!Connect with Aevum Accounting:Don't sign a sale contract or transfer an asset out of your name until you've spoken to an expert. Visit aevumaccounting.com.au to book a business succession and tax planning session with Ben and the team today.Shoutout: Big thanks to "Retiring Rita" in Joondalup for the 5-star review!

Did you buy a new Apple Watch or a pair of black ASICS runners for your shifts? Before you slap those receipts on your tax return, you need to hear this episode.With the End of Financial Year just three months away, Mia and Leo return with Part 2 of the ultimate tax guide for our frontline heroes. We quickly recap the "Golden Rules" from our first paramedic episode (yes, including the legendary story of Ben pitching tax services while concussed), and then dive into the ATO's newest crackdowns and biggest tax myths.In this episode, we cover:The "Black Shoes" Myth: Why your station-mandated black runners will get rejected by the ATO, and what actually counts as "protective" footwear.The Smartwatch Trap: Why claiming your $800 Garmin or Apple Watch is an audit red flag (and the 100% safe alternative).The Gym Membership: The harsh reality of claiming fitness expenses, and the rare exception for elite rescue operations.Rapid-Fire YES & NOs: The final word on flu shots, sunscreen, PPE, haircuts, and special driver's licenses.The University Trap: How to claim your upskilling and ICP study costs, and why using a Commonwealth Supported Place (CSP) ruins your deduction.The Salary Packaging Warning: How your pre-tax meal and rent benefits might artificially inflate your income and trigger a massive, unexpected HECS tax bill in July.Stop guessing and start preparing. Learn exactly what you can (and definitely can't) claim so you can maximize your return legally and safely.Connect with Aevum Accounting:Don't wait until June 30th! If you're a paramedic in Australia, visit aevumaccounting.com.au to book your 2026 tax planning session with Ben and the team to get your logbooks and records sorted today.Shoutout: A massive thank you to St John paramedic Ben O'Regan for the 5-star review!

"I had a rough quarter, so I'll just pay my BAS late like I did during COVID."If this is your current cash flow strategy, you are in the danger zone. The ATO is aggressively chasing over $50 billion in collectable debt, and the era of treating the tax office like a friendly overdraft facility is officially over.In this episode, Mia, Leo, and tax strategist Harvey Green break down the harsh new realities of ATO debt collection. We explain exactly what happens when you can't pay your BAS, the terrifying legal weapons the ATO is deploying, and the proactive steps you must take to protect your business and your personal assets.In this episode, we cover:The ATO's 4 Weapons: How Garnishee Notices, Credit Reporting, Departure Prohibition Orders (Travel Bans), and Director Penalty Notices (DPNs) can freeze your bank accounts and put your family home at risk.The GIC Bombshell: Why the ATO's 11%+ General Interest Charge is no longer tax-deductible (as of July 2025), making late tax the most expensive debt you can have.The Golden Rule: Why you must ALWAYS lodge your BAS on time, even if you can't pay a single cent.The Payment Plan Trap: Why negotiating your own payment plan on the ATO portal usually leads to default, and how to build a sustainable plan instead.The "Tax Savings" Strategy: A simple, weekly bank account structure to quarantine your GST and PAYG so you never lose sleep over a quarterly BAS bill again.Stop putting your head in the sand. Learn how to face the ATO head-on and regain control of your cash flow.Connect with Aevum Accounting:Need a buffer between you and the tax office? Visit aevumaccounting.com.au to have Ben and the team negotiate a sustainable payment plan or restructure your bank accounts today.Shoutout: Big thanks to "Sleepless Sam" in Osborne Park for the review that inspired this crucial episode!

Just paid a massive ATO bill and got exactly zero credit card points for it? It’s time to stop leaving money on the table.In this episode, Mia and Leo reveal the ultimate cash-flow and rewards strategy for Australian business owners: pay.com.au. Discover how to use your business credit card to pay any supplier—even if they only accept bank transfers—while racking up massive frequent flyer points on your everyday operating expenses.In this episode, we cover:The ATO Points Hack: How to bypass bank restrictions on government payments and earn full, uncapped points on your tax bills.Cash Flow King: How to use your credit card’s 55 interest-free days to keep working capital in your bank account longer.The "Double Dip": How to earn your standard credit card points plus PayRewards points on the exact same transaction.Tax-Deductible Fees: Why the small processing fee actually works in your favor at tax time.The FBT Trap: A critical warning from Ben De Rosa on why using business-generated points for a private family holiday could trigger a 47% Fringe Benefits Tax penalty (and how to use them correctly).Stop dreading your business bills and start turning them into business class flights and better cash flow.Exclusive Listener Offer:Ready to get rewarded for paying your bills? Head to pay.com.au to create an account and use our exclusive referral code 3C3D4B. You will get 10,000 bonus reward points when you start using the platform and spend $10,000 in your first 30 days!Connect with Aevum Accounting:Want to make sure your points strategy and Xero integration are set up perfectly? Visit aevumaccounting.com.au to book a strategy session with Ben and the team.Shoutout: Big thanks to "Point-Hungry Paul" for the 5-star review!

Are you still relying on quarterly super payments to float your business cash flow? On July 1, 2026, that 90-day "interest-free loan" from your staff is cancelled forever.In this urgent episode, Mia, Leo, and tax strategist Harvey Green sound the alarm on the biggest change to Australian payroll since Single Touch Payroll. "Payday Super" is here, meaning superannuation must now hit your employees' accounts within 7 business days of their wages. If you aren't prepared, the ATO's new automated penalties will hit your bottom line hard.In this episode, we cover:The Cash Flow Cliff: Why business owners need to find 12% extra cash every single pay run starting this July.The 60% Penalty: The brutal new scalable "Administrative Uplift" penalty for late payments, and how a quick confession can reduce the fine.The ATO's All-Seeing Eye: How Single Touch Payroll (STP) data matching means the ATO computers will automatically catch late payments—no manual audits required.The Software Scramble: Why the free ATO Small Business Superannuation Clearing House (SBSCH) is shutting down and what you must transition to immediately.The Silver Lining: The surprising rule change that finally makes the core Super Guarantee Charge (SGC) tax-deductible!Stop panicking and start planning. The days of using superannuation as working capital are over.Connect with Aevum Accounting:Don't wait until June to stress-test your bank accounts. Visit aevumaccounting.com.au to book a Payday Super cash flow and software readiness review with Ben and the team today.

"I spent $5,000 on my new side hustle, but only made $500. Can I claim the $4,500 loss against my day job's salary to get a tax refund?"The short answer: Probably not. The long answer? It depends on the ATO's strict Non-Commercial Loss Rules.In this episode, Mia and Leo tackle one of the most misunderstood areas of small business tax. If you run a side hustle, a startup, or a creative project that is currently losing money, the ATO has specific "gatekeeper" tests you must pass before they will subsidize your losses. Otherwise, they treat your side business like an expensive hobby.In this episode, we break down:Hobby vs. Business: The "Badges of Trade" you need to prove you are actually running a commercial enterprise.The $250k Block: Why high-income earners are automatically disqualified from claiming business losses against their personal salary.The Four Tests: How to unlock your deferred losses (Hint: getting your business revenue over $20,000 is the most common path).Commissioner’s Discretion: When the ATO will give you a free pass for "Lead Time" (like planting an orchard) or "Special Circumstances" (like a flood).The "Artists & Farmers" Exemption: Why primary producers and professional creatives get a special tax break.The Company Myth: Why starting a Pty Ltd company doesn't actually solve the problem of getting a personal tax refund.Stop waiting for a massive tax refund that might never come. Learn how to navigate the rules, group your activities, and turn your side hustle into a genuine commercial success.Connect with Aevum Accounting:Not sure if your side hustle passes the test? Visit aevumaccounting.com.au to book a strategy session with Ben and the team.Shoutout: Big thanks to "Side-Hustle Sarah" for the review that inspired today's deep dive!

Is your home loan interest just "dead money"? What if you could legally turn that non-deductible debt into a massive tax refund every year?In this episode, Mia and Leo break down Debt Recycling—the strategy that property investors and share traders use to pay off their family home in record time while building a wealth portfolio.We explain the specific "Pay, Redraw, Invest" cycle that converts "Bad Debt" (your mortgage) into "Good Debt" (tax-deductible investment loans) without increasing your total debt level.In this episode, we cover:The Golden Rule: The critical difference between "Borrowing to Invest" (risky) and "Debt Recycling" (efficient).The "Offset" Trap: Why transferring money from your Offset Account to buy shares will get you zero tax deduction (and how to fix it).The "Mixed Purpose" Nightmare: How "Lazy Larry" ruined his tax return by mixing private and investment debt in the same loan split.The Timeline: A realistic look at the "Get Rich Slow" journey—from a $500 deduction in Year 1 to a debt-free home in Year 10.The Dream Team: Why you need a Mortgage Broker, a Financial Planner, and a Tax Accountant working together to make this work.Important Disclaimer: Aevum Accounting provides Tax Advice on the structure of your loans. We do not provide Financial Advice on investment selection. Always consult a licensed Financial Planner before leveraging your home.Connect with Aevum Accounting:Ready to set up your "Loan Splits" correctly? Visit aevumaccounting.com.au to book a strategy session with Ben and the team.

"We’ve scared you with the audits. We’ve bored you with the math. Now, it’s time for the payoff."In the Grand Finale of our FBT Series, Mia and Leo flip the script. We stop talking about what you can’t claim and start talking about the tax-free perks you absolutely should be giving your staff (and yourself).With Harvey Green back for one last lap, we unlock the "Power Plays"—the specific exemptions in the tax act that let you legally pay $0 FBT while looking like the most generous boss in town.In this episode, we reveal:The Tech Loophole: How small business owners can provide a laptop, an iPad, and a phone to the same employee in the same year—completely tax-free.The EV Gold Rush: Why salary packaging an Electric Vehicle is the single biggest tax break available to employees right now (driving a Tesla for $200/week?).Hamper vs. Dinner: The simple "Non-Entertainment" rule that makes a gift basket 100% tax-deductible, while a team dinner gets hit with penalties.The "Hero" Caps: The massive salary packaging limits available to Nurses, Doctors, and Charity Workers that most people are too afraid to use.Relocation Wins: How to pay for a new hire’s move to WA (flights, removalist, rent) without paying a cent in tax.Stop dreading FBT and start using it to build wealth. This is the "Good News" episode you’ve been waiting for.Connect with Aevum Accounting:Want to set up an EV lease or check your salary packaging eligibility? Visit aevumaccounting.com.au to book a strategy session with Ben and the team.Series Recap:Ep 28: The Hard Truths (What NOT to claim).Ep 29: The Deep Dive (The Math & Logbooks).Ep 30: The Power Plays (The Tax-Free Wins).

You know what you can't claim (thanks to last week’s episode), but do you know why a $10,000 school fee actually costs your business $18,000?In Part 2 of our FBT Series, Mia and Leo pop the hood on the mechanics of the Fringe Benefits Tax. We move beyond the "Naughty List" and dive into the specific calculations that determine your final tax bill.With the help of our resident tax strategist Harvey Green, we explain why the "Laziness Tax" is costing you thousands and how a simple 12-week logbook can slash your liability.In this episode, we crunch the numbers on:The Gross-Up Nightmare: We decode the difference between Type 1 (2.08) and Type 2 (1.88) rates so you finally understand why FBT is so expensive.Statutory vs. Logbook: The detailed math on how switching methods can drop a car tax bill from $7,000 down to $1,900.The "Phantom Income" Trap: How a company car can secretly push you over the threshold for HECS repayments, Child Support, and the Medicare Levy Surcharge.Employee Contributions: The clever strategy of paying a little bit towards your car to save a lot in tax.Stop fearing the math and start using it to your advantage. This is the episode that turns "compliance" into "strategy."Connect with Aevum Accounting:Ready to model your FBT liability before the end of the FBT year? Visit aevumaccounting.com.au to book a strategy session with Ben and the team.Coming Up: Don't miss the finale next week—Episode 30: Power Plays, where we reveal the tax-free perks you actually want.

"My mate at the pub said I can claim my kid's school fees..." STOP right there.The three most dangerous words in business are "Everyone does it." In this episode, Mia and Leo are joined by our resident tax strategist, Harvey Green, to draw a hard line in the sand. We are done with "grey areas"—it's time for the hard truth about what expenses will trigger an ATO audit.We play a brutal round of "Can I Claim It?" to debunk the most common myths in small business.In this episode, we cover:The School Fees Trap: Why paying tuition through the company could cost you double (yes, really).The Ute Rule: How adding a bull bar or taking one weekend camping trip to Margaret River can turn your tax-exempt workhorse into a full FBT liability.Gym & Golf: Why being "fit for work" or "networking on the green" isn't the deduction you think it is.The $300 Christmas Party Cliff: The specific math on why a $305 meal is a tax nightmare, but a $295 meal is a win.The "Checking Emails in Bed" Myth: Why claiming your mortgage interest might accidentally trigger a massive Capital Gains Tax bill on your family home.This is Part 1 of our FBT Series. Stop guessing, stop listening to "pub advice," and find out exactly where you stand.Connect with Aevum Accounting:Need to check your "Nexus"? Visit aevumaccounting.com.au to book a consultation with Ben and the team.Shoutout: Big thanks to Nick Rosson for the 5-star review this week!

Ever wondered if the "free" coffee you drink or the family dinner in your own restaurant is actually a tax headache?In this episode, Mia and Leo step into the high-pressure kitchen of the hospitality industry. Whether you’re running a boutique espresso bar, a fast-paced takeaway, or a licensed restaurant, the margins are tight—which makes understanding your deductions more important than ever.Under the guidance of Ben De Rosa from Aevum Accounting, we break down the specific rules that help hospitality legends keep their finances as fresh as their produce.In this episode, we serve up:The "Eat Your Profits" Rule: A deep dive into ATO TD 2023/7—the secret shortcut for valuing the goods you take from stock for private use.Repairs vs. Improvements: How to tell if fixing that broken commercial fridge is an immediate win or a long-term depreciation play.The Tech-Stack Menu: Why a "shoebox" of receipts is a fire hazard and how integrating your POS with your accounting software changes the game.Staff Meals & FBT: What you can (and can’t) feed your team without triggering a "nasty surprise" from the tax office.Alfresco & Equipment: Claiming the "tools of the trade," from laser-cut umbrellas to the high-end espresso machines.Stop guessing at your margins and start mastering your cash flow. Tune in to ensure your business remains compliant, efficient, and poised for growth.Connect with Aevum Accounting:Visit our website at aevumaccounting.com.au to learn more about our hospitality tax specialists or to connect with Ben and the team.

"If I wear this designer suit only for auctions, it’s a deduction, right?" Not quite.In this episode, Mia and Leo dive into the high-stakes, high-energy world of real estate. Whether you’re a property manager, a sales agent, or a principal, the line between "lifestyle" and "business" can get blurry—and that’s exactly where the ATO starts looking.Under the guidance of Ben De Rosa from Aevum Accounting, we unpack the ATO’s Tax Time Toolkit to help you keep more of your hard-earned commission and stay audit-proof.What we cover in this episode:The Car Logbook vs. Cents-per-KM: Why your commute to the office is "dead money," but your trip to an appraisal is a tax win.The "Suit" Truth: Why the ATO says "No" to your Italian wool blazer (and what you can actually claim for your wardrobe).The Commission Trap: The specific rule that determines if you can claim those settlement gifts and letterbox drops.Tech & Tools: How to correctly depreciate your cameras, drones, and iPads without triggering an audit.The "Naughty List": Why grooming, fines, and home office snacks will never make the cut.Stop relying on "lunchroom lawyer" advice and get the facts. Tune in to ensure your financial foundation is as solid as the properties you sell.Connect with Aevum Accounting:Visit our website at aevumaccounting.com.au to download our occupation-specific tax guides or to book a consultation with Ben and the team.

"If I pass the 80% rule, I can pay the 25% company tax rate, right?" Wrong.In this episode, Mia and Leo dismantle the most dangerous tax myths circulating in the medical community. If you’re a senior doctor or specialist moving into locum work, you need more than just an ABN you need a structure that protects your income and passes the "Part IVA" sniff test.We dive deep into:The Sole Trader Trap: Why sticking with a "free" ABN could lock you out of high-paying hospital shifts.PSI & The "Anti-Avoidance" Catch: Why passing the 80% rule isn't a golden ticket, and the "Dr. Dave" horror story every specialist should hear.Hidden Cash Flow Hacks: How a company structure lets you control your Super contributions and defer GST for over 12 months.Wealth Building 101: A step-by-step breakdown of Debt Recycling—turning "bad" mortgage debt into "good" tax-deductible investment debt.Don’t rely on the "lunchroom lawyer" for your financial future. Tune in for the expert insights you need from the team at Aevum Accounting.

Are you running your business, or is it running you?This week, we welcome back Brand Strategist and Culture Architect, Dr. Ari Vance, for a different kind of episode. We’re conducting a "Mid-Year Mindset Audit" to help you realign your life and business with what truly matters.Join Mia, Leo, and Ari as they explore four powerful questions to check your pulse:Identify Energy Vampires: How to spot the tasks (and people) draining your will to live.Redefine the Scoreboard: Why financial success is a "lag indicator" and what you should measure instead.The Power of New Skills: How learning to smoke a brisket or speak Spanish can make you a better business owner.Meaningful Connections: Shifting your networking mindset from "getting" to "giving."Plus, a special shout-out to our super fan, Michael Welton! Tune in to recharge your mindset with the team at Aevum Accounting.

Are your company's values just a poster in the lunchroom, or are they the engine driving your business?In this episode, Mia and Leo are joined by special guest Dr. Arabella "Ari" Vance to cut through the corporate buzzwords. Ari breaks down Mission, Vision, and Values using a simple "Road Trip" analogy that will change the way you think about your business.We explore:The "North Star" Effect: How clear values act as a filter for making tough decisions.Tone from the Top: Why culture is what happens when no one is looking (and why the boss eating ice cream matters).The "Corporate Word Salad" Trap: How to avoid writing a mission statement that nobody understands.Whether you're a business owner building a legacy or an employee looking for the perfect fit, this episode is your guide to finding the "soul" in your work.

Family trusts are powerful tools, but they require constant care to flourish. Is your structure optimized for the current tax year?Join Mia and Leo as they break down the critical strategies for managing your family trust in a high-scrutiny environment. We explore the valid reasons for removing beneficiaries (including foreign owner surcharges) and how to avoid the expensive trap of "trust resettlement."Key topics include:Section 100A Compliance: ensuring your distributions are genuine.The "Bucket Company" Trap: How to manage UPEs correctly in 2025.Asset Protection: When and why to remove beneficiaries from your deed.Secure your family's financial future with practical advice from Aevum Accounting.

The ATO has released its "Naughty List" for 2026, and we’ve brought back our resident ATO-whisperer, Harvey Green, to tell you who is on it.In this episode, Mia, Leo, and Harvey dive deep into the specific areas the tax office is targeting this year. We translate complex tax rulings into campfire horror stories and practical advice to keep your business safe.We cover:The "Members-Only" Club Jacket: Why getting your Family Trust Elections wrong could cost you nearly 50% in tax.The "Pizza Voucher" Trap: The 45-day holding rule, bucket companies, and why you shouldn't incorporate late.A GST Horror Story: The case of the vanishing credits—why lodging your BAS late is a one-way street to losing money.Don’t step into a trap you can’t see. Tune in for the expert insights you need from the team at Aevum Accounting.

Are you still running your trade business from a diary and a shoebox of receipts? If you're spending your nights quoting instead of seeing your family, this episode is for you.Join Mia and Leo as they welcome special guest Dave, a third-generation sparky who transformed his chaotic business using job management software. We dive deep into the battle of the apps: ServiceM8 vs. Tradify.Find out how moving from paper to digital can:Cut your admin time in half.Get your invoices paid in 7 days instead of 40.Turn your "job" into a scalable, sellable business asset.Whether you're a plumber, sparky, or builder, learn how to get off the tools and get back your life with the help of Aevum Accounting.

Did you know your business can be highly profitable... and still go broke? This episode is a practical masterclass on cash flow, the true lifeblood of your business.We're joined by special guest and experienced business owner, Harvey Green, who shares his real-world "scars and successes." Join Mia, Leo, and Harvey as they break down the essential steps to:Accelerate your inflows (get paid faster)Control your outflows (stop the leaks)Build a forecast and a cash buffer (finally sleep at night)This is your ultimate guide to turning financial stress into cash flow confidence.

Did you know there’s a secret club in the tax world? Its members are authors, artists, inventors, and elite athletes. The entry fee? A breakout year. The benefit? A special tax concession that could save you thousands.Join Mia and Leo as they unlock the doors to one of the most niche and powerful provisions in tax law: income averaging for special professionals. This is the ATO's solution for "lumpy" income – those massive spikes you get from a book advance, a hit song, or a major tournament win.Using detailed examples of an author and a tennis player, we break down the complex calculations step-by-step to show you how this secret rule works. This is a must-listen for any creative or sportsperson.

Think there aren't many tax deductions for a bus driver? Think again.We recently helped a driver who was leaving thousands on the table. He was driving to different depots, doing occasional overnight trips, and receiving meal allowances — all with hidden tax benefits he knew nothing about.In this episode, Mia and Leo use his story to map out your route to a better refund. Learn the crucial difference between driving to your usual depot vs. an alternative one, how to claim overnight travel and overtime meals, and the specific rules for renewing your heavy vehicle licence. Don't miss your stop — this is your ultimate guide.

Ever wondered what a surgeon, a top CEO, or a stockbroker actually claims on their tax return? This is the episode for you.Join Mia and Leo as they pull back the curtain on the ATO's list of Australia's 10 highest-paying jobs. In this fun, gossip-column-style deep dive, we reveal the surprising and specific tax deductions of the super-rich.From a surgeon's personal radiation shield and an anaesthetist's smartwatch to the therapeutic artwork in a psychiatrist's office, you'll be amazed at what can be considered a "tool of the trade."This isn't just a look at the rich list; it's a masterclass in the principle that every job has unique, claimable expenses. Get the expert insights you need from the team at Aevum Accounting.

Join Mia and Leo as they build your investment knowledge from the ground up, covering everything you need to know to maximise returns and stay compliant. This is our most detailed masterclass yet.In this episode, we cover:The Big 3 Deductions: Master the rules for Interest, Repairs, and the powerhouse of Depreciation.ATO's Top Tax Traps: We reveal the common mistakes that cost investors thousands, from overclaiming interest to the "initial repairs" rule.Depreciation DEEP DIVE: Learn why the 9 May 2017 rule change is critical for second-hand properties and why a Quantity Surveyor's report is non-negotiable.Complex Structures: An introduction to owning property in a Trust or Self-Managed Super Fund (SMSF).Capital Gains Tax: Understand the '6-year rule', the 'market value rule', and how to correctly calculate your profit when you sell.Get the expert insights you need from the team at Aevum Accounting.

Engineers, it's time to draft your financial blueprint for tax time. 🏗️This is our most detailed episode yet, a masterclass in the specific, nuanced tax rules for Australian engineers. Join Mia and Leo as they build your ultimate guide to deductions, investment, and structuring.In this deep dive, we cover:🚙 Ute vs. Car: The critical tax difference you need to know if you drive a vehicle with a one-tonne capacity.💼 Contractor or Employee?: A full breakdown of the massive tax differences, including GST, super, and claiming home office occupancy costs.⚡ EV Salary Packaging: How the FBT exemption on electric vehicles can be a game-changer (and the crucial HELP debt warning you must hear).💻 Discipline-Specific Deductions: We break down unique claims for Civil, Mechanical, Electrical, and Software engineers.This isn't just a tax guide; it's a master plan for your financial structure.

Sound the alarm! It's time for your annual financial drill. 🚒You run drills to be prepared for the job; this episode is your essential checklist to make sure you're prepared for tax time. Join Mia and Leo as they break down the specific deductions for Australia's professional firefighters.In this drill, we cover:🚗 Driving Deductions: When can you claim the drive to a station that isn't your usual one? We clear up the confusion.🍕 Overtime Meals: The specific rule that could make your post-shift meal tax-deductible when you receive an allowance.☀️ Sun Protection: The surprising reason you can claim your sunglasses and sunscreen (and the nerdy rule about it!).🚫 Common Traps: Find out why gym memberships and danger allowances are almost never claimable.Get the expert insights you need from the team at Aevum Accounting.

Nurses and Midwives, it's time for some financial first aid! 🩺You spend your shifts looking after everyone else; this episode is all about helping you look after your bottom line. Join Mia and Leo for a complete check-up on the specific tax deductions you're entitled to.In this episode, you'll get a clear diagnosis on:👟 Uniforms & Shoes: The real story on claiming scrubs, non-slip shoes, and why your 'black pants and white top' might not be deductible.⌚️ Specialty Equipment: The surprising rule that lets you claim a fob watch but not an ordinary wristwatch.💰 Salary Packaging: A deep dive into the WA Health benefits ($9,010 + $2,650 caps) and the critical warning about your HELP debt.🚗 Car & Travel: Unpacking the rules for community nurses and travel between clinics.Get the prescription for a healthier tax return from the team at Aevum Accounting.

Doctors and specialists, consider this your annual financial check-up! 🩺This episode is your ultimate checklist to ensure you're ticking all the right boxes on your tax return. We're giving you a complete rundown of the specific deductions and strategies for Australian medical professionals.In this episode, you'll learn:💰 Salary Packaging Deep Dive: The guide to the WA Health system's benefits, including the $9,010 living expense and $2,650 meal entertainment caps.⚠️ The HELP Debt Warning: How salary packaging can lead to a surprise increase in your student loan repayments. 🚗 Car & Travel Expenses: The real rules for claiming travel between hospitals, clinics, and conferences. 📚 Self-Education: What you need to know about claiming costs for your specialist training and professional development. Tune in for an expert diagnosis of your tax situation from the team at Aevum Accounting.

Attention all officers and detectives! Your annual financial debriefing is here.Your job is complex, and your tax return should reflect that. In this episode, Mia and Leo from Aevum Accounting provide a complete checklist of the tax deductions you're entitled to, helping you navigate the unique financial landscape of police work.In this debrief, we cover:🚓 Car Expenses: When can you actually claim travel to a crime scene, a courthouse, or between stations?🕵️ Undercover Claims: The fascinating exception that allows detectives to claim conventional clothing for specific operations.🚗 Novated Leases: How salary packaging works for the police force and the critical warning you need to hear about your HELP debt.✅ The Essentials: We run through uniforms, self-education, union fees, bulky equipment, and more.You watch our backs, let us help you watch your bottom line. Tune in for your complete tax checklist.

Ever wondered if your accountant is as dedicated to tax as you are to saving lives? We share a hilarious (and true) story about our director, Ben De Rosa, pitching his services to the very paramedics who came to his rescue after a tumble!Our special connection to the paramedic community inspired this dedicated episode. We're here to give back by helping you navigate the complexities of your tax return and claim everything you're entitled to.Tune in to discover:The Three Golden Rules every claim must follow.Car Expenses: Finally understand the rules for travel between stations, head office, and home.Salary Packaging Deep Dive: Learn how to use this incredible perk to your advantage without affecting your HECS/HELP debt or Family Tax Benefits.Commonly Missed Deductions: AHPRA fees, overtime meals, stethoscopes, PPE, sun protection, and more.Uniforms & Laundry: The critical difference between a compulsory uniform and a simple dress code.Hosted by Mia Taylor and Leo Baker with insights from Ben De Rosa, this is the essential tax playbook for every Australian paramedic.Find out more at aevumaccounting.com.au.

Teachers, get your red pens ready! This is your ultimate tax time checklist. 🍎In this episode, Mia and Leo from Aevum Accounting break down everything Australian teachers need to know to maximise their tax return and avoid common pitfalls.What you'll learn:🚗 Car Expenses: When can you really claim your travel, and what is the 'bulky equipment' rule?⛺️ School Camps: Can you claim that new tent and sleeping bag? We explain the crucial principle of apportionment.💻 Working From Home: The simple guide to claiming your home office expenses without the headache.💰 Salary Packaging: A special breakdown for WA teachers and the hidden catch you need to know about your HELP/HECS debt.From classroom supplies to compulsory uniforms, we cover it all. Tune in to turn your savvy lesson plans into a savvy tax return!

Does saving for your first home deposit feel like an impossible dream? What if there was a government-approved savings hack that could boost your deposit by thousands, just by being clever with your tax?In this episode, Mia and Leo demystify one of the best-kept secrets for first-home buyers: the First Home Super Saver Scheme (FHSSS). Learn how you can use your super fund like a special, low-tax savings account to get into the property market faster.We break down the biggest traps to avoid (including the one mistake that could lock your money away until retirement) and explain the new rules you need to know before you start house hunting. Tune in to turn the great Australian nightmare of saving a deposit back into the great Australian dream.

Are you a craft brewer more passionate about perfecting your next Hazy IPA than navigating the tax code? We get it.Join hosts Mia and Leo as they break down the powerful government incentives that can reward your innovation and boost your cash flow. We demystify the R&D Tax Incentive (and what really counts as R&D for a brewer) and the massive $350,000 Excise Duty Rebate. Tune in to learn how to spend less time on paperwork and more time doing what you love: brewing great beer.

Is your business on the ATO's radar? In this essential episode of The Aevum Accounting Podcast, your AI-powered hosts Mia Taylor and Leo Baker, guided by Ben De Rosa, unveil the key audit triggers and focus areas for Australian businesses.Discover how the ATO scrutinizes specific tax return "danger labels" like Small Business Entity status and Base Rate Entity status, and learn about the risks of Fringe Benefit Employee Contributions and Trust Distributions. We also reveal the dangers of Default Assessments and the critical importance of compliant Contractor Payments. Tune in to understand the red flags, tighten your compliance, and protect your business from audit scrutiny.

Don't get caught out by the ATO! In this vital episode of The Aevum Accounting Podcast, your AI-powered hosts Mia Taylor and Leo Baker, guided by Ben De Rosa, reveal the latest audit danger areas the Australian Tax Office is scrutinizing for individual taxpayers.We break down common pitfalls with Car Expenses (Logbook Method), navigate the complex rules for Foreign Residents and Capital Gains Tax, and highlight traps related to the Medicare Levy and Surcharge. Learn what the ATO is looking for and discover practical steps to ensure your compliance and achieve peace of mind this tax season. Tune in to stay proactive and avoid unwelcome surprises!

Is your business ready to work smarter, not harder? In this episode of The Aevum Accounting Podcast, your AI-powered hosts Mia Taylor and Leo Baker, guided by Aevum Accounting's owner Ben De Rosa, dive into the world of strategic technology to boost your business efficiency and productivity.Discover four transformative platforms that can reclaim hours in your work week: Superhuman for mastering your inbox, Loom for crystal-clear visual communication, Notion as your centralized knowledge hub, and Slack for streamlined team interaction and automation. Tune in for practical insights on how integrating just a few key tools can optimize your operations and pave the way for sustainable growth.

Are you one of the 70% of Australians terrified of doing their own taxes? In this empowering episode of Unlocking the Secrets of DIY Taxes: Save Money and Time, your AI-powered hosts Mia Taylor and Leo Baker, guided by Aevum Accounting's owner Ben De Rosa, reveal why most people can confidently handle their own tax return – and save hundreds of dollars in fees!Discover the clear line between simple and complex situations, learn the 5 crucial steps to DIY your return (from 'Tax Ready' documents to lodging), and uncover common pitfalls to avoid. We also discuss the ATO's powerful tools like myDeductions and how understanding your tax can put you in control of your financial life. Get ready to smash tax season with clarity, confidence, and real savings!

Step into the world of Australian tax with your new guides! In this inaugural episode of The Aevum Accounting Podcast, meet Mia Taylor and Leo Baker – your AI-generated hosts, powered by Aevum Accounting. Discover who they are, their unique perspectives on finance, and the mission of Aevum Accounting Pty Ltd. This episode sets the stage for future discussions, introducing you to your expert companions ready to cut through the jargon and empower you to confidently navigate individual and business tax matters.