Basic Accounting for Basic Chicks

Basic Accounting for Basic Chicks

Author: Lucy & Nikki July 26, 2020 Duration: 59:59

Hey Queens!
On today's episode, we chat with our legend accountants Andy Hollis and Taylor Gibbards from @boutiquebusinesshouse. They discuss all things tax-related and share helpful tips on starting a small business from the ground up.

Breakdown of this episode
- Individual and small business tax 
- Impacts of COVID and what this means for your tax
- What is the tax-free threshold?
- Jobkeeper/ Jobseeker
- 3 golden rules of claiming on your tax
- Misconceptions of claiming
- Deadlines for lodging tax
- Paying tax on a 'side hustle'
- Salary sacrificing
- Tips on setting up a small business
- Different structures of business plans
- Sole trader v Partnerships
- Trust accounts
- Hidden overheads when starting a business
- Understanding GST
- Tax vs Bas
- HECS debts
- Resources and helpful apps to download

Checking The Tax on Your Income

Software Apps Used by Jagger & Stone

  • Xero
  • Receipt Bank
  • Shopify
  • Indigo8
  • Slack

ATO Approved Logbook Apps

  • Australian Taxation Office (ATO)
  • Driversnote
  • GoFar

Checking Your HECs Debt Balance & Other Tax/ATO Data

  • MyGov


The information, statements, comments, views, and opinions provided in this podcast are general in nature, and such information, statements, comments, views and opinions, and the receipt of this podcast by any listener, are not intended to be and should not be construed as the provision of investment or professional advice by Boutique Accounting House, to that listener or generally, and do not result in any listener being considered a client or customer of Boutique Accounting House. The information, statements, comments, views, and opinions expressed in this podcast do not constitute and should not be construed as an offer to claim certain tax deductions or to set up new business structures.

If you would like to show your support for Happy Hour please 'subscribe' on Apple Podcasts and 'follow' on Spotify and we would j'adore it if you would rate and review x 

CREDITS:

Hosts: Lucy Jackson @Lucykatejackson & Nikki Westcott @nikkiwestcottt @wethe_wildones
Guest: Andy Hollis and Taylor Gibbards @boutiquebusinesshouse

Executive Producer: Courtney Mangan @courtneymangan

Technical Producer: Aaron Butler @aaronbutler_

To shop Jagger & Stone visit http://www.jaggerandstone.com

See omnystudio.com/listener for privacy information.


Ever wondered what happens when two friends building a fashion label decide to hit record? That’s the spirit of Happy Hour with Lucy & Nikki. Lucy and Nikki, the forces behind the popular @lucy_and_nikki_ persona and their brand Jagger & Stone, pull up a virtual barstool for conversations that feel like a late-night catch-up with your most honest friends. This podcast is a direct line into their world, where the glitter of launching a business meets the gritty reality of daily life. You’ll hear the unvarnished truth about entrepreneurship-the exciting wins and the stressful hurdles-alongside personal tales about navigating relationships and recounting those unforgettable, wild party stories that become legend. More than anything, they dive into all the messy, confusing, and hilarious topics that dominate your thoughts in your twenties. It’s a blend of society, culture, fashion, and art, filtered through a lens of genuine friendship and brutal honesty. Tuning in feels less like listening to a produced show and more like being part of the conversation, where nothing is off-limits and everything is served with a side of relatable humor. For anyone building a creative life, figuring themselves out, or just needing a dose of real talk, this podcast offers a refreshingly authentic escape.
Author: Language: English Episodes: 690

Happy Hour with Lucy & Nikki
Podcast Episodes
Happy Hours 500th Episode!! Lucy Reveals the NEW YORK SEX CLUB STORY [not-audio_url] [/not-audio_url]

Duration: 46:51
For this 500th episode special, Lucy reveals the long-awaited Sex Club Story. LINKS Follow Happy Hour Podcast on Instagram here - bit.ly/47ZKkCX Join Happy Hour Facebook Group here – bit.ly/3HK1I3V Shop Jagger & Stone he…
She’s Married!! | The Wedding That Was [not-audio_url] [/not-audio_url]

Duration: 54:18
Nikki spills all the tea on her wedding. LINKS Shop the wedding edit: https://au.jgrandstn.com/collections/new Follow Happy Hour Podcast on Instagram here - bit.ly/47ZKkCX Join Happy Hour Facebook Group here – bit.ly/3HK…
What's Your Worst Sex Story? Q&A with the Girls [not-audio_url] [/not-audio_url]

Duration: 50:43
From influencer tea to whether Lucy is in love with George, this is direct from the dms with the girls. LINKS Follow Happy Hour Podcast on Instagram here - bit.ly/47ZKkCX Join Happy Hour Facebook Group here – bit.ly/3HK1…
Punters Wild Halloween Stories [not-audio_url] [/not-audio_url]

Duration: 41:09
These are punters wildest (and raunchiest) halloween stories. LINKS Follow Happy Hour Podcast on Instagram here - bit.ly/47ZKkCX Join Happy Hour Facebook Group here – bit.ly/3HK1I3V Shop Jagger & Stone here - bit.ly/3SFS…
Am I The A-Hole – Punters Edition [not-audio_url] [/not-audio_url]

Duration: 40:32
Punters write in their stories to find out once and for all if they are the a-hole. LINKS Follow Happy Hour Podcast on Instagram here - bit.ly/47ZKkCX Join Happy Hour Facebook Group here – bit.ly/3HK1I3V Shop Jagger & St…
Interview with Australia’s Sweetheart Sophie Monk [not-audio_url] [/not-audio_url]

Duration: 53:57
Joining Lucy & Nikki on the podcast is Australia’s Sweetheart Sophie Monk, talking about her wild stories in LA, and the twists and turns in the new season of Love Island. LINKS Fill out our survey here for the chance to…
Are You Dating a Narcissist? With Alexis Fernandez-Preiksa [not-audio_url] [/not-audio_url]

Duration: 37:01
Alexis joins Lucy & Nikki on the show again to chat through what a narcissist actually is, and how to know if you're dating one. LINKS Fill out our survey here for the chance to win a $100 voucher - https://bit.ly/3ZPMVz…
We’re 1 Week Out From Nikki’s Wedding!!! [not-audio_url] [/not-audio_url]

Duration: 53:18
Nikki spills all the tea on the prep for her wedding. LINKS Fill out our survey here for the chance to win a $100 voucher - https://bit.ly/3ZPMVz4 Follow Happy Hour Podcast on Instagram here - bit.ly/47ZKkCX Join Happy H…
Behind the Scenes in Business: Interview with Kat the Label [not-audio_url] [/not-audio_url]

Duration: 52:10
Lucy & Nikki chat with the team behind Kat the Label about designing Nikki’s upcoming bridal capsule collection, dropping this Wednesday. LINKS Fill out our survey here for the chance to win a $100 voucher - https://bit.…
THE FLOW SHOW: Lucy & Nikki’s Chaotic Period Stories | Part 1 [not-audio_url] [/not-audio_url]

Duration: 11:31
The girls share their best period stories in this embarrassment-free zone. LINKS Fill out our survey here for the chance to win a $100 voucher - https://bit.ly/3ZPMVz4 Follow Happy Hour Podcast on Instagram here - bit.ly…