Learn to Thrive

Do you need a Director ID?

All directors need to apply for their own director ID. A Director ID is a unique identifier that a director will apply for once. The Director ID will help prevent…

RBA Rate Rise

The RBA rate rise was announced on 3 May 2022 and the reserve bank has lifted its official interest rate by 0.25% - for the first time since 2010. Many…

2022 Tax Planning

It's tax planning season! Don't like paying too much tax? Then it's time to get tax planning! What is tax planning? Basically, it's accountant-speak for "what can we do before…

2022 Federal Budget

As the 2022 Federal Budget was released it got us wondering. Is it a budget to ease cost of living pressures or a don't rock the boat budget? Treasurer, Josh…

The ATO has gone paperless

The ATO has gone paperless with all their correspondence. So the team at Thrive Advice has been working on the best way to adapt to the new processes the ATO…

Top Christmas Tax Questions

Staff gifts One of the top Christmas tax questions we often get asked is around staff gifts. The key to Christmas presents for your team is to keep the gift…

Is the NSW 2022 Small Business Support Program JobSaver 2.0? 

There is a tendency to describe the new NSW 2022 Small Business Support Program from Service NSW as ‘JobSaver 2.0’. So unfortunately it is a lot tighter to access and…