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
Check in on your mates with Jimmy & Nath [not-audio_url] [/not-audio_url]

Duration: 36:41
Radio big dogs, Jimmy & Nath join Happy Hour before we in fact take over their radio time slot … and it's quite fitting as we discover in this episode, we’re pretty much the exact same people. Co-dependant on our best fr…
Long distance relationships & why boys ghost us? WITH TIMMY [not-audio_url] [/not-audio_url]

Duration: 52:49
Our Good mate, friend of the pod and founder of Taste Club (IYKYK) Tim Benson joins us this week to answer questions that chicks want to know. Questions like - what’s with the three-month dating rule, do boys care about…
Ghost Stories PT. 2 [not-audio_url] [/not-audio_url]

Duration: 31:06
There's a reason you can’t spell SPOOKY without... POOKY. We’re back with some more spooky tales from the punter inbox, but do we go off topic? A little more than usual in this episode, but stick with us Queens because w…
A visit from our Psychic David the Medium [not-audio_url] [/not-audio_url]

Duration: 1:00:08
Our main man and Psychic Medium, David joins Happy Hour this week to schedule in a much needed catch up. Life, energy and manifestation are just a few things we cover, but there’s one burning question … will it rain on N…
Some Life Updates & Ghost Stories Part 1 [not-audio_url] [/not-audio_url]

Duration: 35:02
There’s been a bit on for the chicks so we thought we’d give you a small life update! Plus it wouldn’t be a Happy Hour unless we heard from you, our punters! So we’ve included some spooky tales from the inbox - Lucy even…
Entering His ‘Net’ Era & Why Boys Ghost | Hamish Blake Part 2 [not-audio_url] [/not-audio_url]

Duration: 31:07
We’re back with Part 2 of our chat with the absolute Lord, Hamish Blake. We’re discussing threesomes at Scorpios, how to spot and Aussie in the pool and why Zoe Foster Blake is heavily into ‘Pig Management’… It’ll all ma…
Red Bull Tales & Taylor 'Swiftie' | Hamish Blake Part 1 [not-audio_url] [/not-audio_url]

Duration: 32:10
Radio Lord and Comedic genius, Hamish Blake joins Happy Hour in a very special 2 part episode! We're talking everything from P!NK and her silks, the numerous interactions with Taylor Swift and some pretty rogue stories f…