A 12-month plan designed for new business owners who may want some extra guidance around business structure, accounting software setup and training, and more.

We will provide you with guidance and support on what you'll need to do to establish and commence running your new business

We can provide advice on the best business structure for your needs and take care of establishment and registrations

Set up your Xero file so it's optimised for you and give you initial training so you start off in the right way

Preparation of a budget tailored to your business and input into Xero so you can track how you're going

Starter pack

We prepare your BAS returns ready for you to review and pay. We also remind you of when and how much to pay, and even send an alert if you forget! Requires Xero.

Prepare BAS

If you would rather be doing something else, let us do your bookkeeping for you. We love coding and checking and you can relax knowing it's all done right, and on time. Requires Xero.

Bank reconciliation

Input and review of crypto investments per report generated by platform. If not managed/self-managed, please get in touch with our support team for further details.

Crypto

We'll set up your Xero file from scratch, then give you the training you need to use it to its full potential.

Xero setup & training

Input and review of rental activity per agent statement and additional receipts not included in statement e.g. home loan statements, depreciation report. 

If not managed/self-managed, speak to our support team for further details.

Property

Don't know what fringe benefit tax is? Learn about it in our FBT guide.

FBT return (annual)

We set you up with the right Xero subscription and manage your payments.

Xero monthly subscription

We set up your Xero file so it is optimised for you and your business.

Xero setup

An hour of training on how to use Xero to it's full potential.

Xero training

If you would rather be doing something else, let us do your bookkeeping for you. We love coding and checking and you can relax knowing it's all done right, and on time.

Large bank reconciliation

 It’s important to understand the position of the ATO on crypto tax and the consequences of owning cryptocurrencies. In this blog, we’ll go through everything you need to know.

TAX  •  29 SEPTEMBER 2025  •  6 MIN READ

It’s important to understand the position of the ATO on crypto tax and the consequences of owning cryptocurrencies. In this blog, we’ll go through everything you need to know.

Cryptocurrency: The ATO and Crypto Tax

You may be surprised to find around a third of Australians own crypto - and this number is growing as the types of crypto develop and evolve. With the growing number owning crypto, it’s important to understand the position of the ATO on crypto tax and the consequences of owning crypto assets.

Tax treatment of using and transacting with crypto

Crypto assets are an asset class which includes cryptocurrency, digital tokens and coins. They are not physical assets like coins or notes, but rather digital tokens stored in a digital ‘wallet’. These digital tokens rely on cryptography and technology such as blockchain for security and other features.

 There are different types of crypto assets. Here are some of the more popular ones at the moment:​

Assets that are designed to act as a medium of exchange with transfer enabled on blockchains. Cryptocurrencies have no intrinsic value and are worth as much as people are willing to pay for them.

This is an individual crypto asset which cannot be replicated – it’s one of a kind. An example is a piece of artwork in digital form. The global NFT market was around $36.23 billion (USD) in 2024 and is predicted to increase to $703.47 billion by 2034.

Examples: In-game avatars, digital/ non-digital collectables, tickets, and domain names.

A marketing term for crypto that uses a specified asset or basket of assets to maintain a stable value. These assets include such things as a currency like the USD, gold, equities, bond or other crypto.

Examples: Tether, USDC, TrueAUD, and DAI.

DeFi (decentralised finance) coins or DeFi tokens are digital assets that can be bought, sold, and traded using decentralized solutions called DApps.

Tax treatment of using and transacting with crypto assets

For tax purposes, crypto assets are not a form of money. Crypto assets are seen as property and fall under the Capital Gains Tax (CGT) regime. The way you use or transact with crypto assets will determine how you treat them for tax purposes.

Crypto assets are taxed as CGT assets, including for self-managed super funds (SMSFs) investing in crypto assets

Rewards for staking crypto are ordinary income for tax purposes

If you acquire a crypto asset as an investment, transactions such as disposal, exchange, or swap are a CGT event that must be recorded in your tax return.

You can't deduct a net capital loss from your other income. You may be able to reduce capital gains using the CGT discount.

In general, a CGT event happens when you dispose of a CGT asset. For the purposes of crypto assets, this could be when you:

Trade, exchange or swap one crypto asset for another

Convert a crypto asset to Australian or foreign currency

Buy goods or services with a crypto asset

Common tax questions on the ATO and crypto

Does the ATO know about my cryptocurrency?

Yes, as the ATO has crypto tax data-matching programs which receive information from share registries and crypto asset exchanges.

The data is used to identify the buyers and sellers of crypto assets, including addresses, phone numbers, names, bank accounts, transaction dates and coin types.

Do I have to pay tax if I transfer crypto from one wallet to another?

As long as both wallets are under your name then there’s no tax to pay on your personal transfers. However, you have to keep track of the original cost of the transferred coins and have sufficient proof of it.

Moving coins between wallets won’t hide the original amount you paid from your records and won’t change your total capital gains or losses.

 As an investor, can I claim a capital loss on crypto?

Capital losses on crypto can be offset against capital gains made in the same financial year or carried forward to be offset against future capital gains. Capital losses can be carried forward indefinitely until they are used (it’s important to declare these on your tax return).

You can’t use capital losses to offset against other forms of income such as salary or wages.

Are crypto-to-crypto trades or swaps taxed?

Yes, any swap or exchange of cryptocurrencies is a taxable event in Australia. For example, if you exchange Litecoin for Ripple, the ATO and other tax agencies will treat this as a sale (disposal) of Bitcoin at the market price you received at the time.

What if my crypto is held in foreign currency?

You will need to value your crypto asset in Australian dollars to calculate the capital gain or loss.

To work out your capital gain or loss, it is important to keep records for each crypto asset and your transactions. The ATO provides a detailed list here. 

Crypto is largely not regulated - the platform in which you purchase cyber assets may or may not be regulated by ASIC, so if the platform fails, you have no protection.

There tends to be more volatility and fluctuations in the value when compared with fiat currency. Media perception and hype can affect the value as well as the qualities of the assets such as how easy it is to trade and the blockchain technology used.

Your money could be stolen - your digital wallet can be stolen by hackers. Since there is no central data bank, if a hacker gets to your crypto, you have little hope of getting it back.

They can be difficult to understand - many crypto assets do not have product disclosure statements or prospectuses to explain clearly about the asset.

The number of scams involving crypto is increasing as money can be very hard to trace.

As we mentioned earlier, there is currently no specific legislation or case law on crypto assets. You can bet it’s coming though. Here are some of the links to ATO literature. We don’t expect you to read them (all) – just get an idea of the work involved when calculating your taxable income from crypto assets.​

Capital gains calculation of crypto assets - ATO

TD 2014/25 Income tax: is bitcoin a ‘foreign currency’ for the purposes of Division 775 of the Income Tax Assessment Act 1997 (ITAA 1997)?

TD 2014/26 Income tax: is bitcoin a CGT asset for the purposes of subsection 108-5(1) of the Income Tax Assessment Act 1997 (ITAA 1997)?

TD 2014/27 Income tax: is bitcoin trading stock for the purposes of subsection 70-10(1) of the Income Tax Assessment Act 1997 (ITAA 1997)?

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Using a business vehicle to travel between home and work? Find out when this might trigger Fringe Benefit Tax (FBT) and what exceptions may apply.

Travelling between home and work in your business vehicle? The ATO may consider this a fringe benefit. Learn when FBT applies and what exceptions are allowed.

Is Home‑to‑Work Travel Subject to Fringe Benefit Tax (FBT) in Australia?


In Australia, Fringe Benefit Tax can apply when a work vehicle is used for private purposes. The Australian Tax Office’s MT 2027 ruling outlines how travel between home and work is treated for FBT purposes, and the limited situations where it is considered business use not private.

We’ve pulled together a summary to give you the crucial details on when the commute between home and work may be classified as a ‘fringe benefit’ and the key exceptions.

What is a ‘Fringe Benefit’ in this context?

We have a whole article on Fringe Benefit Tax, but in this context, if you have a work vehicle that is available for ‘private use’, then there is usually a fringe benefit.

‘Private use’ includes not only travel that benefits you personally, such as driving to/from the supermarket, or driving to social engagements/activities, but also includes your daily commute between home and work.

As a general rule, travel between your home and workplace is considered a personal expense.

Key exceptions when home-to-work travel is not deemed private use

Even though the general rule says home-to-work travel is private, there are specific situations where it's treated as work-related travel and won't be subject to FBT.

If you must use the vehicle to carry tools, instruments, or other essential work items that you need for work, both at home and at your workplace, and these items are too bulky, valuable, or sensitive to transport otherwise, then your travel is likely not private use. Your own transportation is considered "incidental" to moving the equipment.

Example: A musician who transports bulky instruments between their home (where they practice) and a concert hall (where they perform) in an employer-provided vehicle, especially if the vehicle is only for this purpose.

If your job inherently involves a lot of travel to different workplaces throughout the day and there is no fixed workplace, then travel from home to your first job, and from your last job back home is considered work-related.

It is impractical to perform the work duties without the use of a car

Example: A community nurse visits several patients each day across different suburbs, starting and ending the day at home. Their patient list constantly changes and travel is essential to their duties.

If you are required to respond to emergency calls from home, and your responsibility for the task begins before you leave home, then the travel to the emergency and back home is not private use.

Example: A person on-call for responding to and assisting with vehicle breakdowns receives a call and begins diagnosing the problem over the phone before driving to the site.

Someone simply on call, who won’t commence work until they arrive at the workplace is not covered under this exemption as the travel would still be considered private in nature.

Travel from home may be treated as business-related if the vehicle is taken home to begin a work trip the next day without first going to the regular workplace. The trip home the previous night is incidental to the journey the next morning. 

This exemption does not apply where someone has regular use of the car.

Example: Jordan is a civil engineer employed by a construction firm based in Melbourne. One afternoon he takes the employer-provided vehicle home instead of returning it to the office. This is because the next morning he must travel directly from his home in Geelong to a remote construction site in Ballarat to supervise works. He'll spend the entire day at the site before driving home that evening. The trip from Geelong to Ballarat is business-related as Jordan is travelling from home to a temporary work site to perform his duties. The drive home the night before is incidental to the start of the business journey the following day.

This is a high bar to meet. It means your home is genuinely a primary place where you must do your work because of the nature of the job itself, not just because you prefer to work from home.

Are there strong business reasons for you to work from home (i.e. is it
necessary for your role, not just convenient?)

Do you carry out a significant amount of work at home?

Do you store a significant amount of business goods or equipment at home?

Is a significant space in your home dedicated solely to work activities?

Are the activities you do at home closely linked to the business?

Simply choosing to work from home or allowing your employees to (even to save rent) is generally not enough to make your home a "workplace" for FBT purposes if the job could be done entirely in an office (or location outside of the home).

Example: A self-employed electrician, Sam, runs his business from home. He stores tools, equipment, and materials in his home garage and completes all his job scheduling, quoting, and invoicing from a dedicated home office. Each day, Sam drives from home directly to different customer sites to carry out electrical work.

Taking a vehicle home for security or charging

Simply taking a work vehicle home for security, convenience or to charge an electric vehicle does not make the travel work-related. The journey still serves the private purpose of getting to and from work.

Unlike some income tax rules, carrying tools or equipment in a vehicle for work purposes does not automatically make home-to-work travel exempt from FBT. Unless the travel falls within the ATO's recognised exceptions, it is still considered private use.

There are also specific statutory exclusions that can apply, meaning FBT won't be charged in certain situations, such as:

Eligible commercial vehicles: certain utes, panel vans and other vehicles not designed to carry passengers, provided private use is limited.

Emergency service vehicles: clearly marked and fitted with flashing lights or sirens, where private use is restricted to emergencies.

Minor benefits: low-value benefits (under $300) that are provided infrequently and irregularly.

In most cases, the daily trip between home and your place of work is considered private travel and will attract FBT if the work vehicle is available for that use.

For further information, you can access the whole Tax Ruling from the ATO at https://www.ato.gov.au/law/view/document?docid=MTR/MT2027/NAT/ATO/00001

When is travel between home and work subject to FBT?

NDIS providers face unique GST obligations. Learn the essentials in this informative guide.

TAX  •  18 SEPTEMBER 2025  •  5 MIN READ

Understand GST-free NDIS supplies, registration requirements, mixed supplies, common pitfalls, and key tips to manage your business with confidence.

GST Rules for NDIS Providers: What Applies and When?

As an NDIS provider, your focus is on delivering essential support to participants. However, while you’re managing the needs of your clients, you also have to navigate the complexities of business administration. One of the most common challenges is understanding your obligations around Goods and Services Tax (GST).

The rules can seem confusing, but getting them right is crucial for your compliance and cash flow. In this guide, we'll explain how GST applies to NDIS services, how it impacts your business, and what you need to know to operate with confidence.

Understanding when NDIS services are GST-free

To ensure support remains accessible and affordable, many NDIS services are classified as GST-free under Australian tax law. This means you don’t add GST to your invoices for these services.

However, for a service to qualify as GST-free, four conditions must be met:

1. The participant must have an active NDIS plan

Your client’s plan must be current and approved by the National Disability Insurance Agency (NDIA).

2. The support must be ‘reasonable and necessary’

The service you provide must be specified in the participant’s NDIS plan as 'reasonable and necessary' support. Any support supplied beyond the amount or scope outlined in the plan is not GST-free.

You must have a written agreement with the participant or their representative (like a plan manager or guardian). This doesn't have to be a single formal document - it can be a combination of letters, invoices, and electronic communications that show an obligation for you to supply the support.

4. The supply is covered by one of the tables in the official 2021 government determination

The service you provide must be listed in ‘A New Tax System (Goods and Services Tax) (GST-free Supply - National Disability Insurance Scheme Supports) Determination 2021’.

Core support e.g. assistance with daily personal activities, household tasks, and community participation

Capacity building e.g. therapeutic supports, behavioural support, and skills development

Capital support e.g. home modifications and assistive technology

Other support e.g. plan management, interpreting services, and specialist disability accommodation

When does GST apply? (the important exceptions)

While it’s important to understand when a supply is GST-free, it’s equally important to recognise when GST does apply.

One or more GST-free criteria are not met

Services supplied are not directly connected to a specific participant's plan 

Goods or services fall outside the scope of the NDIS (e.g. general lifestyle services or non-essential add-ons)

Services are supplied to an organisation rather than directly to an NDIS participant

Many NDIS providers offer a combination of GST-free and taxable goods or services, known as mixed supplies. This can make compliance tricky.

Having a system that correctly handles both is crucial to avoid errors in invoicing and reporting. Here are a few tips for navigating mixed-supply invoicing:

Itemise GST-free and taxable items separately and clearly

Use accurate descriptions, referencing the participant's NDIS plan or the determination category of your service (where possible)

Be cautious of bundling taxable items with GST-free services. In some situations, ‘incidental’ items may be GST-free as part of supplying the service, but strict ATO rules apply

Keep clear records. Your accounting system should track GST-free and taxable supplies separately for accurate reporting on yur

In Australia, you’re required to register for GST if your annual turnover from taxable supplies is $75,000 or more.

Since GST-free income doesn’t count towards this threshold, you could earn $200,000 in total revenue but not be required to register (provided less than $75,000 comes from taxable goods or services).

So the real question becomes, should you register anyway?

If you want to claim back GST on eligible business expenses, then you’ll need to register. You can’t claim GST on business purchases unless you’re officially registered for GST with the Australian Tax Office.

Even if all or most of your services are GST-free, you’re still likely paying GST on expenses like office supplies, equipment, vehicle expenses, contractor or sub-contractor fees.

If you’re registered for GST, you can claim these amounts back as GST credits on your Business Activity Statement (BAS).

For some NDIS providers, voluntary GST registration can be financially worthwhile even if your taxable turnover is below the $75,000 threshold.

Even with the best intentions, it’s easy to make mistakes when it comes to GST. We've put together a few common pitfalls and how to stay on the right side of compliance.

If you incorrectly charge GST on a GST-free service, you’re still required to remit that amount to the ATO. To fix this, you must issue a corrected, GST-free invoice and refund the GST portion to the participant or their plan manager.

2. Assuming all NDIS income is GST-Free 

Always check that the four conditions for a GST-free supply are met for each service and participant. Even minor changes in circumstances could alter the GST status.

3. Missing or incorrectly claiming GST credits 

Providers who aren’t required to register for GST often miss out on GST credits. It's worth reviewing whether voluntary registration could benefit your business.

On the flip side, incorrect GST claims are common. To stay compliant, always keep detailed receipts and ensure claims relate to legitimate business expenses.

While our other article on NDIS compliance provides a much more detailed overview of financial compliance beyond GST, here are a few short tips to get you started.

Keep meticulous records: maintain clear evidence of written agreements and records of how your services align with each client's NDIS plan.

Use accounting software: use a system that can handle different GST codes for simpler invoicing and BAS reporting 

Issue compliant invoices: clearly state your ABN, the services provided, and GST amounts (if any)

Stay updated: regularly review ATO guidance, as rules can change.

Seek professional advice: when in doubt, getting expert help is the safest option.

Get clarity and confidence in your NDIS Business

Navigating GST in the NDIS space isn’t just about ticking boxes. It’s also about keeping your finances in order so you can focus on delivering essential services to your clients.

By understanding when services are GST-free, managing mixed supplies, and maintaining accurate records, you’re well on your way to staying compliant and minimising risks.

The rules can be complex, but you don't have to manage them alone. If you need assistance with your NDIS accounting and navigating GST requirements, we’re here to help. Book a call or get in touch for a free consultation.

NDIS provider compliance guidance for accounting, invoicing, record keeping, and tax obligations.

COMPLIANCE  •  18 SEPTEMBER 2025  •  6 MIN READ

Learn how NDIS providers can stay compliant with financial rules, invoicing, record keeping, and tax obligations.

NDIS Accounting & Compliance | Guide for Providers

The National Disability Insurance Scheme (NDIS) is built on providing support that is necessary and beneficial for participants. To ensure participants receive safe, fair and ethical support, providers must operate in compliance with relevant Australian laws and NDIA legislation.

While NDIS compliance covers many areas, we’ll be focusing on the aspects that matter most for accounting and day-to-day business operations. This includes invoicing, record keeping, getting paid, and tax compliance.

What does compliance mean for NDIS providers?

Financial compliance is just a part of a broader framework that requires providers to follow NDIA rules and legislation. 

Making claims for payments that are correct and truthful

Only providing and charging for supports inline with a participant's plan

Identifying, declaring and managing any conflict of interest (and disclosing this to participants)

Behaving fairly and ethically in all financial dealings

Not misleading anyone to gain a financial or other advantage

Not influencing a public officer to act unethically

Reporting and self-correcting if they become aware of non-compliance

Following these is key to maintaining trust and accountability.

The NDIS has clear rules around pricing to ensure participants receive value for money. Registered providers must follow the NDIS Pricing Arrangements and Price Limits, which sets the maximum prices you can charge for specific support.

Note: these official limits do not apply if you provide support to participants who self-manage their NDIS plan. However, your rates should still be fair and in line with market rates.

While you can negotiate prices with a participant, you must always:

Declare your prices before delivering the support

Charge within the official limits (for plan-managed or NDIA-managed participants)

Provide a receipt to participants so the expense can be acquitted against their plan

Only request payment after the support has been delivered

Submit payment requests for NDIA-managed participants no later than 90 days from the date of service

If you’re providing a specific kind of support that doesn’t have a price limit, you should discuss and agree on a price with the participant before providing that support.

Keeping accurate and complete records is the foundation of NDIS compliance. The NDIA can request verification of your payment claims at any time through its Provider Payment Assurance Program, so it’s essential to have detailed documentation of services delivered. Failure to provide adequate proof can result in having to repay funds or even risk losing your registration.

At a minimum, you’re required to keep details of:

Participant’s name and reference number

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