A copywriter’s guide to accounting and finances

Getting your financials right from the start is vital to running a successful copywriting business. But there’s so much to get your head around, GST, Medicare levies, depreciation and what the heck you can claim. In this episode we talk with Kate’s accountant Karen Goad and ask here all those finance and accountant questions you’ve been dying to ask. Karen is a small business owner and principal of Goad Accountants and Simply Business Bookkeeping. She specialises in helping business owners get to know their business better through up-to-date financial information for better decision making, accurate GST, CGT and income tax advice and education.Karen has over 18 years working in public practice with small business ranging from start-ups and sole traders to businesses with over $20million turnover. In short, she seriously knows her stuff. P.S. Here at Hot Copy we highly recommend hiring a professional accountant to manage your accounts and do your end of your tax. Tune in to learn: When you need to start paying GST Ins and outs of superannuation What's the best way to set up your copywriting business, sole trader, Family Trust or PTY Ltd Which tax incentives apply to copywriting start ups What are depreciable assets What deductions you can claim for How to set profitablity targets Tell us what you think  Leave your thoughts and ideas on the Hot Copy website. And subscribe on: iTunes | Android | RSS   Share the pod love! If you like what you’re hearing on Hot Copy, the best way to support the show is to take just a few seconds to leave a rating and / or comment over on iTunes or Stitcher. Thanks! And thanks to Jennifer Morton for your review of the show. We appreciate it! Links mentioned in this article: How Xero saved my marriage The perfect backyard office More from Karen: LinkedIn https://au.linkedin.com/in/karengoad http://www.linkedin.com/company/simply-business-bookkeeping linkedin.com/company/goad-accountants Websites goadaccountants.com.au simplybusinessbookkeeping.com.au Facebook facebook.com/GoadCharteredAccountants facebook.com/simplybusinessbookkeeping