Uncategorized

Why Are BAS Due Dates Crucial for Your Business Reporting? BAS needs to be lodged for businesses with a turnover more than $75,000 each year, it is compulsory you have to be GST registered under the law.  BAS stands for Business Activity Statement. It is a form that needs to be submitted to the ATO […]

Cultural Harmony in Tune: Oyster Hub Celebrates Harmony Week with Musical Fusion There are countless ways to celebrate Harmony Week – from intimate gatherings with friends to larger community events. For Oyster Hub, an Australian accounting firm dedicated to supporting startups and small businesses, music was the chosen language of celebration. In partnership with the

In the ever-evolving landscape of NDIS business, digital transformation is no longer an option, but a necessity. As technology shapes our world at a rapid pace, businesses, including NDIS (National Disability Insurance Scheme) Business, must adapt to meet the demands of an increasingly digital-savvy audience. Embracing digital transformation can make the care industry more accessible

Introduction: A Digital World Overload   In today’s fast-paced and digital-driven world, it’s not uncommon for entrepreneurs and business leaders to find themselves immersed in the endless stream of emails, Zoom meetings, and never ending notifications.   The relentless demands of city life and the constant connectivity to the online world can take a toll on one’s mental and physical well-being. It’s in this context that Co-founders Adarsh and Vik found an

Introduction  Picture this: You’re at the helm of your thriving Australian business, navigating the ever-changing currents of the corporate world. While you’re busy steering your ship towards success, there’s a looming iceberg on the horizon – tax liabilities!   How do you ensure your vessel sails smoothly through these treacherous waters? How can you reduce the

Introduction  The Australian Taxation Office (ATO) is relentless when it comes to collecting outstanding debts, and the consequences of neglecting these obligations can be severe.    According to the ATO, as of September 2021, there were over 2.2 million individual taxpayers with outstanding debts, totaling approximately $23.7 billion. These numbers emphasise the widespread issue of debt

Introduction  If you’re grappling with mounting ATO penalties and interest, it’s essential to act swiftly to regain control of your financial situation. Oyster Hub is here to help you navigate the complex world of ATO debt with expert solutions, including ATO Debt Payment Plans.   In this blog, we’ll explore how Oyster Hub can assist you in

Introduction  When it comes to ATO debt, the fear of legal consequences can cast a long shadow over your financial stability. The Australian Taxation Office (ATO) has various means to recover outstanding debts, and protecting your assets is of paramount importance.   In this blog, we’ll delve into the world of ATO Payments, how they can safeguard your assets, and how Oyster

One common circumstance where business owners may struggle with their tax obligations is during seasonal fluctuations in income. This often leads to cash flow challenges, making it difficult to meet the ATO’s tax deadlines. Moreover, some business owners mistakenly assume that they can delay tax payments when facing such difficulties. Well, don’t do that to

Are you starting a new business in Australia? Wondering how to register a business? Still thinking if it is needed or not? Starting a business in Australia is an exciting venture, but it also involves several important legal and administrative steps. One of the key processes is registering your business. Registering your business in Australia is