Two Drunk Accountants: Recent Episodes
Two Drunk Accountants
Dan's back from his honeymoon, and Tim's straight into one of the biggest things that catches people out at tax time – proving your deductions.
This episode is all about substantiation. It might not be the sexiest topic, but it's the difference between keeping your tax deduction and having the ATO knock it back.
The boys cover everything from working from home, motor vehicle claims, and phone and internet expenses, through to laptops, office furniture, donations, super contributions, and the little traps that can wipe out a perfectly good deduction.
They also chat about the latest ATO expectations around working-from-home claims, what records you actually need to keep, and why "I reckon I used it about half the time for work" just doesn't cut it anymore.
You'll learn:
- Why a simple four-week phone and internet usage diary can save you a headache.
- When it's worth keeping a motor vehicle logbook (and when it isn't).
- Why your drive to and from work usually isn't deductible.
- What evidence you need for work-related purchases like laptops, desks, chairs and stationery.
- The allowance trap that catches people claiming travel and vehicle expenses.
- The super contribution form you must lodge before claiming a deduction.
Whether you're doing your own tax return, looking after clients, or just want to make sure your deductions stack up if the ATO comes knocking, this episode is packed with practical advice you can actually use.
The takeaway? The ATO expects proper records, not rough guesses. A little bit of record keeping now can save you a lot of pain later.
If you're an accountant, it's also a great refresher before busy season kicks into full swing.
Today, we have Sam Petrusma from Made by Beings filling in for Dan. Sam and Tim explore the practical applications of AI in business, addressing common misconceptions, current capabilities, and future potential. They share insights from Sam's innovative AI projects and discuss how small businesses can leverage AI for efficiency and growth.
Between holiday destinations, Dan has dropped by the studio to record with Tim, tune in for a delightfully unhinged episode.
While Dan is away on his Honeymoon, we have Chloe & Tim diving into the wonderful world of Child Care Subsidies (CCS) — because apparently raising children wasn't expensive enough already.
They unpack how CCS is actually calculated, why your income might not be what Centrelink thinks it is, and how things like salary packaging, fringe benefits, extra super, and investment property losses can affect your subsidy.
The pair also tackle the big question many parents ask themselves: "Is it even worth going back to work?" when childcare costs, tax, and daycare sickness seem determined to eat every extra dollar you earn.
Plus, they throw around a few ideas on how to fix the system, including whether childcare should simply be tax deductible.
This is one not to be missed!
We have Joel in the hot seat today, while Dan is away. Tim and Joel are talking The First Home Super Saver, she is back in the news, and we thought it timely to recap on who and what this scheme is.
This week we discuss confusion about how to structure your business in the wake of the budget announcements. Should your plans change? What is the best structure for you? Plus an extended intro on the Space X IPO.
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Email: twodrunkpodcast@gmail.com
Are you an accountant looking for an exciting new opportunity? Someone with a wealth of experience looking to help lead and be a part of a team of client focussed accountants? Well we might be looking for you!
We also touch on some of year considerations.
Take a look at our job add! Job Add!.
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week we chat with all around legend Brent Szalay managing director at Seiva and Leaders in Business to talk all things advisory. What do clients actually want and how to package and price this.
Leaders in Business: https://leadersinbusiness.com.au/
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
When your accountant finds you have done something wrong or have lodged incorrect details do they have to report to you to the relevant authorities? Well the answer may surprise you as we discuss what accountants are required to do when we discover non compliance with laws or there has been false or misleading lodgements.
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week another fine listener to the pod has submitted their books for us to have a look! We discuss the good and the bad and decide whether or not we would buy this business right now!
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Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
The 2026 federal budget was released last night and oh man there were some changes. If you have investments, want to invest or use a discretionary trust in your business there are potential changes coming that will affect you. Is this good for the economy? Do we agree with the changed? Listen and find out. But also remember none of this is yet law and we explain more in this episode.
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
Tim and Dan chat about tonight federal budget. With some big changes possibly on the way we discuss what we are most anticipating and our initial hot takes.
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
Our favourite economist is back, Jeremy Thorpe MD at Bondi Partners is back to talk about what's happening in the economy and how it affects you and your business! Conflicts in the Middle East, petrol prices, inflation, property prices and AI are all on the agenda! What are we in store for?
Jeremy Thorpe: https://au.linkedin.com/in/jeremythorpe
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week we tackle tax avoidance and part IVa, particularly how it relates to your entity selection or restructure. We are joined by Adrian Bailey the principal at Cleary Hoare lawyers to discuss structuring and whether you are accidentally falling into tax avoidance by choosing a particular structure?
Cleary Hoare: https://www.clearyhoare.com.au/
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week Tim and Dan discuss their top 5 complications with discretionary trusts that might not make it as attractive!
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week Tim chat with Brendan Roberts founder of Aider and current GM about all things AI and what the future will bring.
Sponsor Offers: Here
Brendan Roberts: https://nz.linkedin.com/in/brendanproberts
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
Continuing our series on trusts we discuss if a trust is right for your business and the pros and the cons!
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Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
Join Tim Garth and Heather Smith as they attempt to unpack what they learned at the Accounting Business Expo—somewhere between the coffee, the chaos, and possibly a wine or two.
They’ll chat about the latest AI tech (that we’re all definitely pretending to fully understand), how it’s shaking up the accounting world, and what it might mean for your business… depending on how brave you’re feeling.
Expect a few practical tips, some questionable conference highlights, and bold predictions about the future of AI—delivered with the confidence only slightly tipsy accountants can muster.
This week we chat with Organisational Psychologist Dr. Sarah Cotton from Transitioning Well to chat about the causes and what you can do about poor mental health of small business owners. This comes off the back of the report on the wellbeing of small business owners released by Xero during the week.
We continue our redo series on entity structures (the restructure if you will) and this week we tackle the humble company. What is it, why would you choose it and how does it work? All answered on this weeks episode of the podcast.
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
In the next episode on our series on entity structuring for your business we discuss the partnership. Find out why its not our go to in most cases!
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Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
If you manufacture or hold stock then this week is for you!
This week we are joined by Greg Roughan Head of Content and Jarrod Adam Head of product at Unleashed Software to discuss their latest release of the Manufacturing Health Index Report. We discuss what are the trends in the industry including gross profit margins, leads times and how much stock are people holding? We also dive into common mistake people make when tracking this information!
Unleashed Software: https://www.unleashedsoftware.com
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
It's been 7 years since we recorded our first ever episodes on entity structures and a lot has changed since then. So beginning this week we are redoing our series on the various entity structures you might consider for your new business! This week starting with sole traders!
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
Repeat episode this week!
This week its Halloween! So we discuss the top 5 scariest taxes that might sneak up on your this halloween!
The time has come, someone was finally brave enough to show us their books. Live in this episode we analyse the books of Stone Pine Distillery and call a special guest to see if we get our assumptions right!
Stone Pine Distillery: https://www.stonepinedistillery.com.au/home
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This week we tackle another niche tax issue! If you make input taxed supplies - residential rent, financial supplies like dividends or credit - can you claim the GST on the expenses?
The answer is mostly no but sometimes yes!
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This week Tim and Dan dive into the tricky world of owning property while your tax residency changes, you might owe more tax then you think...or none at all! I really depends.
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It's the new year and we thoughts why not dissect some financials while you enjoy your holidays! Can Dan guess who these financials are? Would he buy this business? Find out now!
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Website: https://twodrunkaccountants.com.au
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It's Christmas time and of course of the Two Drunk Accountants that means the Drunkies! That's right who will win the small business and accounting communities most prestigious awards! Listen now to find out!
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Website: https://twodrunkaccountants.com.au
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This week Tim and Dan go through some interesting data recently released by the ABS (the Bureau) and what they mean for you business!
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Website: https://twodrunkaccountants.com.au
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The podfather returns! John Munden and Dilnar Tangri from Cloudoffis join us to discuss why you are getting fatigue from the ever growing list of apps in your tech stack, how AI is leading to growing expectations from your software and how this relates to your business and your clients!
Sponsor Offers: Here
Cloudoffis: https://cloudoffis.com.au/
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
Greatest friend of the podcast Heather Smith joins Dan to discuss 5 things we each have on our mind. We talk about our podcast network, we discuss the best new apps for small business and accountants, we discuss what we think about auto-reconciliation and we discuss guests we would love on the show!
Sponsor Offers: Here
Heather Smith: https://au.linkedin.com/in/heathersmithau
Accounting Apps Podcast: https://www.heathersmithsmallbusiness.com/podcast/
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week Tim and Dan are joined by their partner in mortgages Nick Ware from Mortgage Choice Wyong to discuss the reasons you might want to consider refinancing that isn't just a lower interest rate. Dan also reveals part 1 of his revenge on rat gate.
Sponsor Offers: Here
Nick Ware: nicholas.ware@mortgagechoice.com.au
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
Can you claim your rent (or mortgage) as a tax deduction? The answer could be yes! But also no. Plus Dan surprises Tim with big news!
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Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
Book nuggets is back and this time we tackle Traction by Gino Wickman. Do you feel like you are struggling to hit the ground running with progress in your business? Well this book aims to solve that. We also discuss another new housing policy idea Dan has!
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week we are joined by Steve Hui Australia's #1 Points travel expert to talk all things points! Where to get them, are they worth it? Where to spend them? Find out on this episode!
Links:
Steve Hui: https://au.linkedin.com/in/stevenhui
Pay.com.au: https://pay.com.au/
Sponsor Offers: Here
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Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week Tim and Dan discuss the governments updates to the superannuation....again. We also discuss what big companies aren't and are paying tax.
Links:
Sponsor Notes: https://twodrunkaccountants.com.au/podcountant-network/
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
No episode this week as we take a quick break. Instead we update you on all of the exciting things coming up in the next 2 months!
This week we chat about director penalty notices and how to avoid them! With the ATO issuing more and more DPN's we discuss what they are and how to avoid becoming personally liable for your company's tax debts!
Links:
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week Tim and Dan discuss your most important investment and that is your time. We recently attended a talk by Kate Christie about ways to save time, and you know we love a time-ass-tip, so discuss what we learned from this awesome session.
Links:
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
This week we discuss 5 pieces of the data that you will likely overlook that will greatly increase your risk of being reviews or audited by the ATO.
Links:
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
Email: twodrunkpodcast@gmail.com
ATO Industry Code Finder: https://www.ato.gov.au/calculators-and-tools/businesses-industry-code-tool
This week we tackle another set of financial statements from an interesting point in time, Twitter circa 2021. Tim has seen them, Dan has not. Can he answer whats good, whats not good, what is the industry, what is the business and would he invest? Find out as we deep dive and analyse Twitters financials!
Don't forget you can submit your anonymised financial statement for us to review on a future episode of Show us ya books! by emailing them to twodrunkpodcast@gmail.com.
Links:
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Instagram: https://www.instagram.com/twodrunkaccountants/
Website: https://twodrunkaccountants.com.au
This week we recap our time at Xerocon! We rehash the fun times and of course all the product announcements from Xero this year. We chat to Angad Soin Manage Director of Xero Australia and NZ and Chief Global Strategy Officer and debrief with friend of the pod Heather Smith!
This week Dan is joined by Liam Hindle Head of Product Marketing at MYOB to discuss their Accounting Industry Monitor report. We discuss what they found the best firms were doing in areas like talent retention and tech/AI. Links:
MYOB Accounting Industry Monitor Report - Here
Website: https://twodrunkaccountants.com.au/
Instagram: https://www.instagram.com/twodrunkaccountants/
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Chapters 00:00 Introduction and Humor in Accounting
02:44 The Impact of COVID on Health Awareness
05:35 Overview of the MYB Accounting Industry Monitor Report
08:18 Talent Shortages in the Accounting Industry
11:05 Investing in People and Processes for Growth
13:52 Automation and Technology in Accounting Practices
14:56 The Importance of Client Engagement
17:07 Enhancing Client Onboarding Experiences
19:06 Navigating AI in Accounting 21:00 The Evolving Role of Accountants
22:49 Adapting to Technological Changes
23:37 AI Innovations in Accounting Software
26:30 The Future of Agentic AI
27:48 Practical Applications of AI in Accounting
This week we go full clickbait and discuss how you can deduct your home loan interest. We cover the general mistakes peoples make when borrowing against their home for investments and the issue around lending this money to a discretionary trusts. We also discuss our hair for an extended period.
Website: https://twodrunkaccountants.com.au/
Instagram: https://www.instagram.com/twodrunkaccountants/
Youtube: https://www.youtube.com/@TwoDrunkAccountants
This week Tim and Dan discuss how we are currently using AI in our business and what we are finding it can and can't do.
Website: https://twodrunkaccountants.com.au/
Youtube: https://www.youtube.com/@TwoDrunkAccountants
Socials: @twodrunkaccountants
This week Tim and Dan cover the updated superannuation laws taxing unrealised gains. We also discuss some other tax reform being discussed in the lead up to the Economic Reform Roundtable...which we have not been invited to.
Website: https://twodrunkaccountants.com.au/
Email: twodrunkpodcast@gmail.com
Insta: https://www.instagram.com/twodrunkaccountants/
Youtube: https://www.youtube.com/@TwoDrunkAccountants
This week Tim and Dan go full mythbusters style and discuss the viral videos doing the rounds about whether you can use your tax to pay down your mortgage. Will it be true? Will it be busted? Find out this week.
Website: https://twodrunkaccountants.com.au/
Email: twodrunkpodcast@gmail.com
Insta: https://www.instagram.com/twodrunkaccountants/
Youtube: https://www.youtube.com/@TwoDrunkAccountants
This week Tim give his tips for running a small business and having a young family while Dan with no kids plays devils advocate.
Sponsored: Accsouce - email john.m@accsource.net to receive 30 day free trial.
This week Tim and Dan tackle a common questions when starting a family business, can I hire my spouse or kids? Can I distribute income to them?
This week Tim and Dan play another round of everyones favourite new game Show Us Ya Books! Can Tim guess the business correctly? Will he make a fool of himself? Do we wish we invested in this company? Find out!
This week Dan reveals why he and Tim have bad blood, we begin our question for Xerocon tickets and discuss why using the immediate write off over COVID might come back to cost you more tax now.
Its the end of the year as we know it, and Tim and Dan have made a little jingle to help you remember what you need to do before 30 June! Plus we discuss the top 10 things you consider before 30 June.
Dan and Tim dodge death, battle a rogue office mouse, and somehow tie it all back to gratitude and balance sheets. In their new segment "Show Us Your Books," they crack open Lehman Brothers’ financials like a cold one—revealing red flags, dodgy debt, and the truth behind “growth.” Laughs, lessons, and a little light accounting—what more could you want?
This week on the pod, Tim and Dan pour a Hugo Spritz and dive into the nitty-gritty of getting paid from your biz. They break down how sole traders, companies, and trusts all do it differently, and why your personal budget matters more than you think when it comes to tax. Along the way, they swap some travel tales with a side of cultural spice and hammer home why keeping your paperwork in check is a game-changer for financial planning. It’s a classic mix of banter and business — making money talk a little less boring, one episode at a time.
This week on The Two Drunk Accountants, Tim sits down with leadership expert John Munden for a chat that swings from air fryers to Apple, and everything in between. They dive into the big stuff—empathy, kindness, connection—and how those warm-and-fuzzy words actually make a huge impact on team performance and business culture. John shares stories from his time working with companies like Xero and Apple, and why creating psychological safety at work isn’t just a buzzword—it’s essential. Plus, they get real about micromanagement, coaching, and why your team (and your relationships) probably just need a bit more love. Oh, and yes, we do talk about air fryers.
Dan and Tim sit down with the awesome Shari Elle to unpack this thing called Nonviolent Communication — or NVC for those of us who like to keep things snappy. And no, it’s not about yelling less at your coworkers (although... also yes). It’s about actually listening to people, understanding their needs, and not being a total muppet in tough convos.
They get into how this stuff can totally flip the script in both business and personal life. Think: more empathy, more connection, less passive-aggressive Slack messages. Shari drops some wisdom on how tuning into your own feelings (we have those?) can seriously level up how you talk to your team, your family, and maybe even your accountant.
Special Offer just for Drunk Accountants Listeners… until the end of 2025, you can get a 20% discount on NVC's “Leading with Connection” 2-day Professional Foundation Training, it will enrich your Leadership and all your relationships, professional and personal. Code is “DRUNK20%”.
In our final episode of Tradie month, we are joined by Nic Cox, Co-Founder of Tradies in Business.
Nic and Tim dig into how AI and smart software can save tradies time, cash, and headaches. From job management to quoting and keeping the books in line — it's the ultimate tech toolbelt for running a slicker biz.
Think you’re charging enough? Think again. Dan and Tim get real about the nitty-gritty of tradie charge-out rates—why most are too low, what costs you're probably forgetting, and how to price like a pro without scaring off clients. From dodgy margins to time-tracking fails, they’re breaking it all down with no fluff. Plus, hear about their big plans for tradie boot camps that’ll get your business firing on all cylinders. If you're tired of working hard for too little, this one’s for you.
Want to Join our Bootcamp? Register HERE
P.S A sheep shepherd's hourly rate in NSW would typically range from $35 - $45 per hour.
Welcome to Episode 1 of Tradie Month!
Now, you know we love a listical, and in true Tim & Dan fashion we are making a list of the 5 biggest killers of cashflow for tradies.
No real episode this week as the public holidays take up our time but we have a quick update for you before Dan goes on his 5 week adventure.
Dan & Tim, accompanied by Dan's guitar are chatting about the upcoming election and what promises each side is making. What does this mean for small business?
What is going on with these tariffs? How will effect the economy? Why is the stock market so volatile? Economist and friend of the podcast Jeremy Thorpe MD at Bondi Partners comes on to give us the scoop and what to expect going forward!
This week Dan and Tim give their thoughts on the 2025 federal budget and what is in it for small business! Is it good? Is it bad? Have a listen and find out!
Are You Ready to Improve Your Business?
Tim & Dan are sharing the 5 essential steps you need to take to level up your business. If you’re wondering how, you can do the same, we’ve got just the opportunity for you!
Join our upcoming Accountabilibuddie Bootcamp, where you’ll learn firsthand how to apply these strategies to your business.
Don’t miss out—click the link below to register and secure your spot!
Accountabilibuddies - Two Drunk Accountants
In our final episode of Personal Wealth Month, we’re joined by Dave Gow, the mastermind behind Strong Money Australia – a platform where financial freedom meets practical advice. Dave’s here to break down money management without the jargon and show us how to take control of our finances, all while keeping it real and, of course, a little bit fun!
This week Dan attended the ABE in Sydney shares his what he took away from this years convention. Following this is a series of chats with new vendors we have never spoken to on the pod before!
In this episode, Dan and Tim chat about the ins and outs of self-managed super funds (SMSFs).
We break down the key things to know about managing your own super. Covering the benefits and risks of SMSFs, including tax perks, setting one up, and the importance of staying compliant. We also touch on asset revaluation, borrowing within SMSFs, and the dangers of poor management.
Coming soon Two Drunk University!
Personal Wealth Month continues, with Tim and Dan chatting about Investments!
If you are investing in Crypto, Property or even Pokemon Cards, the guys break down the tax implications and explain how best to navigate these areas.
We are back for 2025 with a bang!
February is Personal Wealth Month, and we are kicking it off with Tim's favorite topic, Personal Budgets.
The day is finally here. The 2024 Drunkies.
Who will win the coolest Accountant?
Will Xero win the Xero award?
What is WIP? Do you account for it on your P&L?
Not tracking WIP could cost you more than you think.
Reminder - Get your Nominations in NOW for the 2024 DRUNKIES.
Will Xero take out the Xero Award?
Will Michael Man on the Street keep his title?
These burning questions can only be answered if you VOTE.
Tim & Dan chat tips on GST when exporting goods from Australia.
In other exciting news, The Drunkies are upon us!
Only this time, we will actually do them.
Get your nominations in now via our social channels.
Dan & Tim are together again and all is right in the world of podcasts. Today the guys are chatting time management. Are you a Maker or a Manager and what does that mean for your time and how best to schedule your calendar.
Today Tim is joined by Chloe & Joel to chat Super data matching along with irrational fears.
With no Dan in the house, it's a loose one. Strap in Drunk Fam!
Happy Fri-Yay! Today we have Chloe & Angie joining us from CATS Accountants to breakdown what you can and can't claim with a rental property.
Also, the Chloe Vs Dan saga has come to a head! Thanks to Michael, Man on the street. Always helping the people get to the truth.
This week we discuss how you borrow to purchase a property and some of the unique rules for SMSFs! We also invite anyone who wants to win an election to come on the podcast!
This week its Halloween! So we discuss the top 5 scariest taxes that might sneak up on your this halloween!
Part 3 of the revisited series. The final chapter, Trusts!
Our Two Drunk Accountants are talking Trusts, there are a lot of different kinds, tune in to learn about them all.
Part 2 of our revisited series. The guys are chatting Companies.
Do you have Pty Ltd then this is for you.
Project Manager, Steph Hooke joins us for episode 6 of our Employment Solved Series.
Discover productivity tips, including techniques for prioritising tasks, managing time effectively, and coordinating teams to achieve project goals!
We are throwing it back, all the way to 2018! To our first ever episode of the podcast where the guys chatted about the perks and pitfalls of being a sole trader or being in a partnership. 6 years later, we revisit the topic.
This is part 1 of 3 parts mini-series of revisiting some old topics on entity structures.
Do you have a topic you want the guys to dive deeper into? email your suggestions to twodrunkpodcast@gmail.com
The guys are back with Part 2 of our series on selling your home! In this episode, we explore how to sidestep capital gains tax even if you’re renting out your property. Can you have two primary residences? What are the implications of subdividing your land or operating a business from home? Tune in for all the insights!
Happy Friday Drunk Fam. You asked, we answered.
Tim & Dan answer your burning questions and give some news updates around the up coming election.
Also on today's ep, Dan's now a surfer and will maybe, most likely register for a Marathon in November??
This week best friend of the podcast Heather Smith joins us to talk about if destination conferences are a good idea and also some updates from Xerocon Nashville!
This week we are joined Bryan and Alex the founders of Pursuited and we unpack the talent shortage in the accounting industry and how we might be able to tap into the talent pool.
Friend of the pod, Jeremy Thorpe, Economist & Director of Sapere is joining the guys on this much anticipated episode. Where we tackle the big questions, housing, interest rates, and inflation just to get started.
Also on today's ep, Tim has some exciting life updates and Dan is learning some non-negotiables when leaving the house for the day.
Don't forget, we have a mailbag ep coming up. Get your questions in asap!
twodrunkpodcas@gmail.com or DM us on the socials.
Welcome to Episode 5 of our series with Employment Hero, Employment Solved!
This week the guys are joined by Jenny Williams, Talent Acquisition Manager at Employment Hero. Giving us the top 5 hacks to recruiting the right talent for your business.
Also the wordle saga continues, and it's getting nasty.
On today's episode we have friend of the pod, Josh Robb, Director of SV Partners in the studio to talk the guys through the in's and out's of Small Business Restructure. What is it? Who is eligible? What actually happens?
Tune in to find out!
Nic Ware is in the house! Mortgage Choice Wyong is back to provide us with the tips and tricks we need to know when looking to get a loan when you are self employed.
Also on todays ep, Dan is on the hunt for the best Jersey Caramel, Tim brings a parenting edition of the Tight Ass Tip and the boys are in a bit of a squabble over Wordle.
Dan has a gripe today, Tim is learning, rather reluctantly, about raw dogging and the guys are patiently waiting to hear from Practice Ignition for their invitation to a conference in Nashville.
In the main topic, the guys talk all things Franking Credits. What is a Franking Credit? What can you use them for?
Tune in to find out!
AMA coming soon. Get your burning questions answered by emailing twodrunkpodcast@gmail.com
Today The Drunk Accountants breakdown, What is a Family Trust.
How to know if your Trust is a Family Trust and who you can distribute funds too within that trust.
Friend of the Pod Rob Cameron, CEO and Co-Founder of FYI joins us today and talks all things Automation + AI.
He also shows the boys the right way to deliver a joke!
Happy new year! This week Tim and Dan discuss inflation, rising prices and what is going on over there at Xero with the change in pricing structure!
This is a call out to Allied Health Professional's, Doctor's, Accountants, Lawyers, Engineers or any other professional service business.
With EOFY upon us you might be wondering how much you can distribute of your profit distributions to other entities & family members?
Tune in to find out.
Happy Fri-yay Drunk Fam & Enjoy.
WIN - Have you entered our giveaway with Harvey Norman Technology for Business? - Only a few days left to enter.
Enter now to win a $500 Harvey Norman Gift Voucher.
Two Drunk Accountants (harveynormanbusiness.com.au)
Today we are joined, fresh from Xerocon UK, Andrew Sims CEO at Suitefiles talking about the Friction Fatigue that comes along with the many software and service-based apps we use daily to do our jobs.
WIN - Have you entered our giveaway with Harvey Norman Technology for Business? - We have extended the giveaway until the end of June. Enter now to win a $500 Harvey Norman Gift Voucher.
Two Drunk Accountants (harveynormanbusiness.com.au)
This week we discuss what is going on in the property market with Sam Gordon director and buyers agent at Australian Property Scout and host of Scouting Australia Podcast.
Happy World Foster Day!
We are down 1 drunk accountant today, though don't fret. We have an excellent ring in. Friend of the podcast Brendan Rogers is back for some insights on leadership and how to get the most of your team.
Have you entered our giveaway yet? Entries close June 15th, just tell us in 25 words or less why we are your fave podcast easy peasy lemon squeezy.
https://www.harveynormanbusiness.com.au/pages/tda
We are back with another Employment Solved edition. This week in the 4th Episode of our series we are joined by Simon Obee, Principle Lawyer at EI Legal, General Counsel & Head of Professional Services at Employment Innovations.
Do you want to win $500? Be sure to enter our giveaway with Harvey Norman Technology.
This week we recorded our live stream of the budget and our reaction later in the week. We discuss how the budget affects your small business and what might be in it for you. To watch the full live stream go to our instagram.
Employment Solved! Employment Hero.
We are back with Episode 3 of our continued series with Employment Hero. Today we are joined by David (Dutchy) Holland, Managing Director of Swag, chatting about staffing solutions, attracting but also retain the right staff.
This week we are chatting with Rutland Smith on the importance of Cyber Security for Small Business.
As always with a Tim & Danlow, which after 2 weeks apart was a big one for our Two Drunk Accountants.
This week we are sharing some great interviews on the ground at ABE last month. We have some great chats with folks including Sabby Gill CEO of Dext, Joyce Ong founder of Tax Nuggets Academy, Kate Shanahan founder of Brief, Ned Appleton from FYI docs, Clare Leighton founder of Bluesheets, Sally Simmons from Cloudstaff, Tom from IPA and Nathan the next man on the street!
While Dan is in Tassie, Angie & Chloe highjack todays ep. Talking all things women in Business & Accounting.
Let us know if you want to hear more from these superstar women that keep CATS Accountants humming.
In episode 2 of our New Series with Employment Hero, we are speaking with Garth Byrne Head of Learning & Development. Discussing HR Foundation and how to build a strong workplace culture.
Party on Garth!
Live from A.B.E Melbourne day 2. We are chatting all things Advisory. How to get started on your advisory journey and how it will help you 'Improve your Coinage'
We are joined by Si Harris, founder of The Academy, which helps to transform good businesses into highly saleable businesses. Listen in to hear the tips and tricks on how to get your business ready to sell.
In the first episode of our new series with Employment Hero "Employment Solved" We are chatting to various team members of this amazing platform. Our First guest is Ben Thompson, CEO Employment Hero.
We have Jason Statham.... I mean Jay Merrilees in the Pod Studio today! Keeping our Feb tradition strong, Jay is back for his 4th year in a row to talk about goal setting and why by this time in a new year almost everyone has fallen off the wagon.
It's been a while, so we thought, as it's the start of Feb, we are well into 2024 it's time to get your goals on track. Tune in for the tools you need to grow your business, get more profitable, and have more cash in the bank!PSA - Nominations are now open for the Drunkies! send your nominations to sarah@catax.com.au or DM us on any of our platforms.
Our first Brewing a Business for 2024 and what better start to the year than a chat with Philip Fierlinger, CO & CEO of Upstock. Upstock.app, Digital marketplace for foodservice & grocery. Xero co-founder, former Head of Design and Startup investor & advisor.
Grab a drink and strap in for an inspirational ride as we learn about Philip's amazing career and how Xero and Upstock came about.
This week is all about the proposed stage 3 tax cuts and what you will get from it. One not to be missed!
Welcome back for 2024! This week we are joined by friend of the podcast Heather Smith to discuss her tips for avoiding cyberattacks!
With Dan away hiking in NZ, Tim has brought in CATS two newest recruits to talk Student Debt.
Did you know CATS is hiring? Apply Here
Today we have Kevin Gilmore-Burrell, Uni researcher and solicitor from Empathyse to talk about a very serious and real issue affecting 1-10 workers. Kevin, who is a solicitor was always at the pointy end of these workplace harassment cases once they reached court, by which point the damage is done. Kevin wanted to be able to make a real change and to stop bullying before it became an issue. This is where Empathyse was born, we chat all things workplace bullying and how you as a director can be held personally liable.
CATS Accountants Are Hiring! Intermediate / Senior Accountant Job in Wyong Creek, Gosford & Central Coast NSW - SEEK
Today we are live from the Accounting Business Expo held in Sydney this past week. However we have a ring in to help with our Intro. If you have tuned into into our Xerocon wrap episode you will know this voice. Tune in for some fun and good vibes.
Today we are chatting tips and tricks with Michael Olivieri, Owner of Central Coast Buyers Agent, on buying the Commercial Property that ticks all your boxes.
We are chatting Super Guarantee today. We touched on it in our Business Update* last week, and now we are deep diving to break it down and let you know the pit falls and how to avoid them.
*Shoutout to CATS Accountants (catax.com.au) for sponsoring our Business Update each week.
It's a Play Off! Two Business Coaches Vs Two Drunk Accountants.
This week we are joined by Nic & Waz from Tradies in Business, we've featured on their podcast, it's now time to turn the mic around. We are talking all things Tradies in Business and the top 5 biggest challenges Tradies face. This is an Ep not to be missed, if there any other issues you think we need to chat about, hit us up on the socials.
Links in the show notes -5 Biggest Challenges Tradies Face w. Nic & Waz from Tradies in Business - Two Drunk Accountants
Today we chat Shutdown Routines.
Dan has had a cracker week, Sir Paul plays a part, Tim is being inundated with tradies and we have an ATO business update.
Tight Ass Tip: Marketplace is where it's at!
What's your shutdown phrase? head over to Instagram to give us yours!
https://www.instagram.com/p/Cy4rctFSIVm/
This week we tackle the age old question, should you grow first or add capacity first? Maybe there is a middle ground?
This week on the podcast we discuss the reasons why it is a good idea to take a holiday from your business!
www.twodrunkaccounts.com.au
One week out from the voice referendum we chat to friend of the podcast Trevor Satour! Trevor provides his unique perspective as an indigenous man living in Katherine in the Northern Territory on the voice referendum. He discusses what he believes Australians should be focusing on leading up to the vote and combatting the misinformation out in the community.
This week we chat to Freddie Bennett from the Make it Count Podcast, Guinness world record holder, author and athlete about his inspiring story and how changing your mindset and embracing who you truly are can help you find happiness and success! We also catch up on what Tim and I have been up to for last month a half!
We are back! This week's episode is a wrap up of Xerocon Sydney 2023! We chat to Will Buckley from Xero about accountants having an image problem, we speak to some great apps in the market place including Seamlss, Futrli, Empira, Lightyear Docs, Suitefiles, Employment Hero and Service M8 and at the end you will hear me and the team at CATS after a night out trying to recap day one as best we could.
This week Tim Hoopmann comes on to discuss his experience with mental health in small business and the NewAccess Program small business owners can access through Beyond Blue!
Do you need a shareholders agreement in your business? We talk all things shareholders agreements with Deon van Dyk from Edge Legal. Deon also discusses caveats you might not know you have entered into with your suppliers! And if you stick around to the very end you might hear the debut of the Two Drunk Accountants Christmas Carol.
Dr. Tony Hayek CEO of Blue Wealth Property comes on the podcast to give his thoughts on the property market from his experience and research. We also debate housing reform! Which is fun.
We also announce the launch of The Accountabilibuddies! A monthly online mentoring and advisory group starting in the coming months! Make sure you register on our website for early bird pricing.
*Obviously any opinions on this episode by Tony or us are general in nature. Please consider your own personal circumstances and goals and obtain individual advice before investing. Blue Wealth is a referral partner to a business we have an interest in also.
Its a new financial year and we thought we would revisit some common misconceptions in the community about how individual tax actually works!
This week we are joined by Sarah Lawrence founder of Hot Toast and 2023 Accounting Awards CFO of the Year! We chat about trends Sarah has been noticing in the business community and ways to help be more efficient when keeping track of your businesses performance! Its also the first week of Christmas in July!
This week we chat Emily Ossington the NextMinute about the common challenges in the building and construction industry and how adopting tech could help solve these issues. We also again solve the housing crisis with part 3 of our reforms and we also discuss Fboy Island.
This week we are joined by friend of the podcast Heather Smith to chat all things AI and Chat GPT! We also discuss our next housing policy idea, laugh at Dan's man flu voice and other hot takes!
Its that time of year again where we let you know the actions you can take in your small business before 30 June to save tax!
On this episode we tackle several topics we have missed while being away! Including the PWC debacle, Victorian State Budget and the issues facing the construction industry.
This week is a bonus episode while Tim and Dan take a break. This was a live panel discussion at Accountex featuring Dan, Amar from Mad Wealth, Michelle from Rainforest Bookkeeping and hosted by Heather Smith at the Go Cardless labs!
This week we tackle the 2023 Federal Budget and what is in it for Small Business! Hint.....Not Much. #backinblack
This week we chat with Organisational Psychologist Dr. Sarah Cotton from Transitioning Well to chat about the causes and what you can do about poor mental health of small business owners. This comes off the back of the report on the wellbeing of small business owners released by Xero during the week.
Did you know small business owners experience lower wellbeing ratings than the general population? We chat to Will Buckley the Country Manager Australia for Xero about the recent report on the Global State of Small Business Owner Wellbeing.
This week we chat about improving your leadership skills with Brendan Rogers! Brendan is a leadership coach, consultant and podcast host from the Culture of Leadership! Special thanks to Marc from Central Coast Digital Media for recording this interview for us!
This week we are joined by our newly named Stats Man of the podcast John Shepherd. John is the General Manager of the National Data Acquisition Division at the Australian Bureau of Statistics and we chat about what is happening at the ABS and also what information you can get from the ABS to help your business!
This week we tackle the tricky issue of frequent flyer programs and allowing your employees (including yourself!) to use the points for personal travel! We also why Tim the Grinch likes easter more than Christmas.
While at Accountex 2023 we were able to speak to lots of great software providers about what they were up to! Many have never been on the podcast before so it was great to chat to some new faces! We spoke to MYOB, Quickbooks, Pursuited, Content Snare, Aider, Next Minute, Cloud Staff, Business Fitness and others! This episode is all about the software and services at the conference.
On day 2 of Accountex Tim and Dan take a moment to reflect on what trends we are seeing at the conference and discuss what we got up to on day/night 1!
On this live from Accountex episode of the podcast we sit down in the caravan of fun with John Munden (the Podfather himself) to discuss why you should go to your industry conferences!
This week we have our first politician on the show! David Harris our local member for Wyong and the Shadow minister for Aboriginal Affairs and Treaty, Jobs, Investment and Tourism and the Central Coast comes on the podcast to chat all things NSW state election. We discuss what small businesses should be considering when deciding who to vote and also how to use your local member more effectively!
Our number 1 requested return guest and friend of the podcast Mike Mortlock of MCG Quantity Surveyors returns to chat to us about his experience in using public relations for his business. This is an area we want to be better at and so it was a great chance to ask someone who is actually using PR well!
This week we start the conversation about outsourcing to an overseas team. Did you know many accountants and many other industries do this? We don't but we wanted to explore the idea further and find out the truth of this complex issue.
Book Nuggets! In the final episode of love your business February we tackle the often quoted Start With Why by Simon Sinek. We discuss our key takings from the book and also what we thought of the book as a whole. But first Tim tells an inappropriate joke!
This week on the podcast we talk about the most important part of your business, You! Jay Merrilees discusses the fundamentals and elementals of looking after yourself and giving yourself some self-care!
In this special adults only love your business February episode, we talk about the tax consequences of OnlyFans and adult entertainment more broadly!
On this bonus episode of Love your Business February, we instead show some love for our industry and chat with Will Buckley, Country Manager of Xero in Australia about their State of the Industry report that comes out today!
Its the first week of love February and we thought we would start with loving your business by increasing its value! We chat with Brett Goodyer from Business Valuations Online about some of the things you might not normally think about to increase your business's value. We also give out the Fuming Drunkie Award.
I sold some pokemon cards on ebay, do I pay tax on that? We get this question more than you think! So we answer the questions when do you pay tax on selling collectibles online?
We are back for the new year and this week we chat to Tony Harcourt co-founder of Work Guru to discuss all things job costing. What is it? Who should do it? How to do it? We cover it all!
Who will win the most prestigious awards in the small business and accounting industry this year? Listen to this episode to find out!
Tim's back! Aka Big Papi! To celebrate we do our next installment of book nuggets. This week we get to systemising with the E-Myth by Michael E Gerber.
Still flying solo Dan is joined this week by the one and only Michele Grisdale from Rainforest Bookkeeping to discuss some of the steps to take when trying to go paperless in your business!
This week Dan chats with Jason Staats an accountant in the USA about what it's like being an accountant in America compared to Australia.
This week Dan is still without his ride or die Tim but filling in this week is Jack Dixon of Back Beach Accounting. This week Dan and Jack chat about Lifestyle accounting and revisiting what this actually means for working with your accountant.
This week the man on the street himself comes onto the podcast. Thats right Michael Orford from HealthPoint Physiotherapy chats with Dan about how to prevent a sore neck and back from sitting at a desk all day. We chat about preventative measures and some simple tricks to help avoid the dreaded sore neck.
This week your number one accounting app hype girl Heather Smith joins Dan to chat about what apps can help you better communicate with your clients!
This week we are brewing another business! This time with the founder of LEP Digital, Laura Prael! Laura discusses the challenges of managing a team for the first time, switching to a 4 day work week and some of the hurdles she has experienced along the way!
We celebrate our 200th episode live! We conduct a whisky sour lesson, Mike Mortlock from Geared for Growth and MCG Quantity Surveyors drops by, we get the man on the street's opinion on the economy and tax deductible golf, we listen to audio tributes and we laugh and talk nonsense. If thats the kind of thing you are into, you will love this episode. Thanks for listening everyone!
A quick update from last nights budget. What should you know? What did we think? We discuss it all.
This week we chat to friend of the podcast Leon Black from Anspired about what the recent Optus data breach has showed us, how frequent these kind of things actually happen and what you as a small business can do about it.
This week we chat to Trevor Satour about what small business should know about the upcoming referendum and how to stay informed.
This week we do a book nuggets on Deep Work by Cal Newport! We gleaned a lot out of this book so have a listen and see how you can drain the shallows from your life!
In our final episode live from Xerocon we chat with Luis Sanchez the EGM of Practice Management and Leigh O'Neill the EGM of Financial Services at Xero to hear whats happening at Xero and what we can look forward to in the coming years!
Are you a small business owner? Than this one is for you! Dan, Tim and Bec discuss everything we learned for small businesses at Xerocon! We also interview the folks at Cogo and Service M8!
If your an accountant or bookkeeper this episode is for you! This week Dan, Tim and Bec recap what we learned about the industry at xerocon! We discuss what we took away about things happening in our industry and what cool apps we found. This week also features interviews from David Watson the Co-Founder of Fathom, Theo Mitsinikos from Dashboard Insights, friend of the podcast Heather Smith and get the word on the ground from punter Holly!
This week we discuss our tips when attending networking events and also have a chat about what you can expect from us over xerocon!
This week we chat to Sam Petrusma, Co-Founder of Advantage Agency (the people who built our fancy new website by the way) about all things marketing. Its often misunderstood what marketing even is! So we talk to Sam about this and about how to get the most out of your relationship with a marketing agency and how to do marketing better.
This week we tackle non-commercial loss rules and how they might relate to your business or side hussle!
This week we brew a business with Sam Trayhurn the founder of Chuffed Skates. We talk about building communities, what it like designing a product for the first time and all the road bumps she has faced as her business has grown.
This week we dive into the whether or not you pay tax on your home when you sell it! We also tackle the difficult question of biscuit vs cookie.
This week we go through some recent changes to trust distributions and what you can do with them, specifically this week we chat about the ATO's interpretation to section 100a and distributing income to family.
This week we chat about the different ways to check if you are charging enough and then if you decide you aren't how to approach your customers to let them know of the change.
This week we discuss what to review when completing your STP, TPAR and other lodgements with an acronym!
Heather Smith is back, hype girl for accounting apps, author, podcaster, accountant and anything else I think she puts her mind too, chats to us about some strategies you can use and some apps that might help take back control of your calendar and time!
This week we discuss some of the tips we have for running a team planning day! We also discuss some change to wages and superannuation coming up and also how often you should wash your pants.
This week we revisit the age old question of where is my time going? Because we feel we need to ask ourselves this at the moment. We discuss how to review your time and strategies to help! Because we need it.
This week on book nuggets we talk about The Advantage by Patrick Lencioni and the nuggets of wisdom we gleaned from it. There is also a huge announcement by Tim and Dan has his second installment of Dan's Grievances.
Tim and Dan tackle the election and discuss the major policies that effect you and your small business from both sides of the aisle.
This week a new brewing a business with Steve Pasztor and Sarah Martinez-Murray of Kings of Neon! We discuss how Steve started his e-commerce business and how his hustle and help from his team like Sarah has turned it into a global business with grand ambitions!
Tim's in Tassy, Dan's in Brissy so this week we are just doing a quick update on some of the exciting things we have coming up, plus a quick Tim and Dan-low.
This week we discuss the age old question, am I a crypto trader or a crypto investor? We break down the criteria set out by the ATO and what the difference even means!
Break out your whisky sours, this week we tackle the federal budget and what it means for you and your business! I'll give you a hint....not much.
This week we ask the age old question, Do I Need a Business Coach? We chat with the founder of the GAP Mark Jenkins about the do's and don'ts of engaging a business coach and if it works!
This week we are joined by Tyrone Shum of Property Investory the number 1 property podcast on itunes to discuss an alternative property investment strategy. We discuss getting back to your purpose and your why before starting a new venture and how this lead to him finding his niche.
The Two Drunk Accountants favourite economist Jeremy Thorpe, Partner and Chief Economist at PWC Australia is back to discuss what was surprising over COVID and what the future might hold for interest rates, house prices, unemployment, inflation and what impact everything going on right now might have!
This week we are joined by Todd Sloan host of the Pizza and Property Podcast to discuss things you might not know when trying to buy your home! Something meaningful to me if you have all been listening over the last year and a goal many small business owners have!
This week we are joined by friend of the podcast Jay Merrilees founder of Bulletproof Leader to discuss goal setting and how we may have been thinking about it all wrong!
This week we chat about revising your business plan. If its been some time since you last revised it or you do it every year, we chat about what to review and what to spend more time on.
And we are back!!!!! Back for the new year and ready to entertain, educate and surprise you every week for the rest fo the year!
This week is The Drunkies! Our annual awards for excellence in the Two Drunk Community!
This week we chat with friend of the podcast, managing director of MCG Quantity Surveyors and all round good guy Mike Mortlock about the tricks and tips of depreciating your office, retail and hospitality business fitout.
Tis' the season to be jolly! This week we revisit an issue we get asked every year, can my business get a tax deduction for the work Christmas party? We discuss our quick rules of thumb to figure this out! Hint its much easier and much harder than you think.
This week is another edition of book nuggets! This week we chat about what we liked and learned from Atomic Habits by James Clear!
What is SAPTO? Its the seniors and pensioners tax offset and you could be eligible for it! Or not? I don't know your individual circumstances.
Join us as we discuss this and more on this weeks episode of the podcast!
This week we dive a little deeper into director ID's, what are they, who needs one and how do you get it?
This week we chat about what checks you should be doing before lodging a BAS and what to look for!
This week is the first ever Two Drunk Accountants Halloween Special the Accountants of Horror! We discuss scary things happenings in the economy and make them seem much worse than they really are!
On today's episode, and the first episode in person in 4 months, we discuss what lessons we learned in lock down about work and the way we want our working lives to be.
This week on the podcast we discuss the Carry Back Losses Offset which if you are a company might save you some tax this year!
Promo code for this weeks sponsor is TwoDrunk enter this at manscaped.com for 20% and free shipping worldwide.
This week Tim and Dan discuss what they do to regularly review their cash flow and what this looks like on a practical basis.
This week friend of the show Mike Mortlock from MCG Quantity Surveyors joins us to discuss their new Rental Loss Index. We discuss what that suburbs currently lose the most rent due to vacancies and how they developed the index.
This week is the debut of Two Drunk Footy with Gartho and the Foz! Tim and Chris chat AFL, we talk about how we got our football nicknames and Dan has very little to contribute. We also chat about other topics Dan is more interested in towards the end!
On this weeks episode we dive into a new edition of book nuggets featuring Fix This Next by Mike Michalowicz. We discuss what we took away from the book plus all of the usual banter you have come to love.
This week we chat about the various supports and options available for both tenants and landlords right now in NSW. Theres also the usual banter and chat about tight ass tips.
This week Tim and Dan discuss some practical tips when you change entity structures that will make life just that little bit easier!
This week on the podcast we chat to registered psychologist and all around good egg Katrina Wallace about burn out and mental health in the pandemic. We discuss symptoms to burnout and some things you can do to improve your mental state.
If anything on this episode is a trigger for you please call Lifeline on 13 11 14 or if it is an emergency 000.
This week on another edition of Brewing a Business we chat to Joyce Ong the Founder, Content Creator and Lead Janitor of Tax Nuggets! We discuss how she brought her passion and her career together to create an awesome new business idea and how the journey has been from idea to implementation!
This week we discuss JobSaver in more detail! We also discuss the continuing lockdowns in Sydney and the olympics!
This week we chat about what we know so far about the NSW support packages around the current extended lockdown. The information is correct as at 15/07/2021 and stay tuned as we will update this information as we hear more!
This week we chat to Paul Lodder the Product Domain Expert at Dext (formally Receipt Bank) to chat about the future direction of the platform. Several weeks ago we asked our audience why they use Dext, this week Paul answers it.
This week we are back for the second episode of book nuggets! This week we chat about The Road Less Stupid by Keith J Cunningham a book recommended to us recently. We also chat about lock down and give the usual tight ass tips and recommendations for "other things".
This week we talk tax time 2021 and what you should be doing before the new year to save some tax!
Tim asked a simple question a few weeks ago, "why do people not use hubdoc if they are using Xero?". So this week we chat with Dan Shiner GM of product code free accounting at Xero to talk about all things Hubdoc. What has the journey of Hubdoc been like, what are they doing now and where are they going with the product in the future!
This week we catch up with friend of the podcast Ian Winn about things that you need to consider when getting a home loan if you're self-employed.
If you have listened to our podcast you would have heard us mention The Gap at some point. The Gap's purpose is to help accountants accelerate small business success by providing them with the tools and systems to do so! But Mark has had an interesting journey to get to that point including owning and operating his own accounting firm for many years. We chat to Mark about his flearnings along the way and how he arrived at the idea for The Gap.
This week we discuss the 2021 budget. We make predictions and then see if we were right!
This week we do our first review of a popular business related book Profit First by Mike Micholwicz. We discuss what we think is good about the book and extract those golden nuggets of wisdom.
This week on the podcast is for you all you wondering how to become an accountant! We bring Jy and Bec from our team at CATS who are at different stages of the journey to talk about their experiences and we give out some general tips about the process and what we find helps from an employer and employee point of view.
This week we chat to Quinten Willemse about how your health can directly affect your businesses performance. We discuss the idea of lifestyle medicine and examining the factors in your life, the good and bad habits you might have that lead to good health and in turn a better business.
This week we discuss insurance with Director of AIIB Insurance and author of Risk you business, risk your life about all things insurance. What insurance does your business need? Where do you start? All things answered on this episode!
This one is for all you accountants out there struggling with the concept of a distributable surplus for Div7a purposes. It can be a confusing thing to figure out and sometimes we even confuse ourselves but its an important calculation to know!
This week we write off assets (and each other). We discuss the difference between instant asset write offs and temporary full expensing and who can use them and on what assets!
This week we chat about doing a marketing plan. We discuss what sort of things you should consider and what should you include in your plan. Plus all the usual shenanigens!
This week on the podcast we continue on from our how to save time episode by discussing the important of effectively delegating! This is a must know skill when running a small business and a key to help you move from working in the business to working on the business!
This week we discuss how to reclaim your time! When we speak to business owners one of the most common complaints is that they have no time! So we thought we would tackle the problem!
This week we discuss business risk, what is it? How do I identify my risks? What do I do about them? We tackle it all.
This week we chat to Jay Merrilees the founder of Bullet Proof Leadership about the importance of a wholistic view of your health to your businesses success.
This week we discuss a lot! First we announce an exciting new partnership with a local festival then we give the fuming drunkie award and then we discuss the governments JobMaker hiring credit which begins its first payments in the coming weeks.
This week we discuss how to change accountants. Often a delicate time for clients and their accountants we discuss the process and whats involved.
This week is the Drunkie Awards for 2020! Plus some news about some exciting things we are doing in the year ahead.
This week we brew a business with Lachlan MacBean founder of Grainfed Brewing Company about his journey in setting up a microbrewery in Newcastle NSW. We also sample a few tasty beers!
This week we brew a business with Lisa Margan co-founder and Managing Director of Margan Wines. Margan Winery is an award winning winery, restaurant and cellar door located in the Hunter Valley region of NSW. We chat to Lisa about the her journey from idea to successful business and the lessons she has learned along the way.
This week we brew a business with the one and only Ben Marriott, famous youtuber and motion graphic designer! We discuss how he built his 350k youtube subscriber base and the journey along the way to create a youtube business.
This week we talk about another great way to save some tax and thats by getting a depreciation schedule! Mike Mortlock Managing Director of MCG Quantity Surveyors talks about the ins and outs of depreciation schedules, when you should get one and what it actually involves!
This week we answer the most commonly asked question. How do I pay less tax? Stepping away from our usual response that more profit pays for more tax, we actually answer it with some helpful advice!
Everyone's favourite liquidator Josh Robb Director at SV Partners joins us again to discuss the new changes in the insolvency and liquidation space since COVID19 began. We discuss the end of personal protection from trading insolvency and the proposed new "simple liquidations'.
This week we discuss the common question, if I buy a boat, a car, or any other asset and put my logo on it I can claim it as a deduction right?
This week we revisit the very first episodes we did, entity types, and answer the often asked question "which entity type is the best?".
This week we tackle how to value your business. Every small business owner is building an asset that they can sell at some point but it is often hard to figure out exactly how much it is worth. So this week we tackle some of the ways to value a business.
This week we discuss the importance of making your business work for your personal goals and the lifestyle you want!
Today we tackle complicated topic that many people get wrong, Div 7a. This is when you take money or assets from your company without it being a wage or dividend and can end up costing you a fortune in tax!
Heather Smith the hype girl for cloud accounting apps and host of the Cloud Stories podcast joins us on the podcast today to discuss her experience in building communities! We chat about her history in the accounting industry and how she has been able to build groups such as the Xero Mastermind Group to help fill a need in the community.
This week we discuss the 2020-2021 budget announcements last night and how they might impact you!
This week Dan and Tim chat with Glenn Kirkwood aka That Referral Guy about the power of referral networks and partnerships. We discuss what to look for in a referral partnership, what you should bring to it and how to start one.
This week Tim and Dan discuss the budget submission by the CPA and what we think about it.
This week we chat with Alexi Boyd from Small Biz Matters about who represents small business to government, how to get involved and what you should do to initiate change.
This week we chat about the legislation that has now passed for Jobkeeper 2.0 and what the changes to the scheme were as well as the ATOs approach to early access to super compliance.
This week on the podcast Dan and Tim discuss a made up gym they own and how they would run the business from initial set up through to monitoring and improvement.
On the second episode in our series on small businesses and their founders we chat to Central Coast local Andrew Paton-Smith about how he started Jazoodle a tech start up providing businesses with the numbers and the knowledge they need to grow their business.
This week there is no new episode however we have sliced together 2 really interesting chats that we think are extremely relevant to the current environment we find ourselves in. These were recorded live from Xerocon last year and include one with Peter Baines discussing crisis management and using social responsibility as a profit center in your business and Ros Harvey about how we can use big data to solve big problems we are facing.
This we chat about the various ways in which you are able to take money from your business and the different approaches depending on your entity structure.
On this weeks episode of the podcast we discuss the ways you can adapt your business to the current environment and also recovery planning. We also do an in depth dive on a tight ass tip!
This week we discuss the recent announcements of jobkeeper 2.0 and the changes to jobkeeper going forward. We also discuss the NSW small business recovery grants now available for certain industries.
This week we discuss the importance of the personal budget, give some hints and tips about personal budgeting and of course a good amount of banter.
This week we chat about the motor vehicle tax trap. Many people are buying new vehicles in their business to take advantage of the $150,000 immediate write off but there are many traps you need to be aware of before making that decision! Listen this week to find out what these are!
We are back after a small break to discuss the new financial year and things you should be considering right now including common compliance obligations currently due, revisiting your business plan and cash flow forecast and the current stimulus packages available to you!
Today we have Shaye Thyer Director of Sales at Mindbridge to talk about where we go from here. Things are starting to return to some level of normality but what does that mean for your business? What should you stat to think about or do? We discuss this and more on this weeks podcast!
This week we discuss some recent updates to the stimulus package and the recent announcement that we are probably in a recession.
Today is the first episode in our new series talking to business owners about how and why they started their businesses and the lessons learnt along the way! We also thought there was no better way to start then to discuss the origin story of our own business CATS Accountants!
This week we catch up with friend of the podcast Josh Robb Associate Director at SV Partners about the changes to insolvency rules in the time of COVID19.
This week we play our recent chat with friend of the podcast Quang Nguyen on his online show Behind the Success! It was a great chat and we thought we would share it!
This week we discuss actions you should take to assist your business planning during COVID19! We discuss contingency planning, cash flow and asking for help.
This week we chat to our friend Jason Skinner from Skinner Hamilton Accountants about what its like to be an accountant right now over a lovely drink.
This week we chat to Trent Innes Managing Director of Xero in Australia about how Xero have been responding to the COVID19 crisis.
This week on the webinar is the second of our live webinars on the stimulus packages. This episode we discuss the jobkeeper, the NSW government grants and rent relief.
This week we chat to Kate Thomson Senior Associate at Australian Business Lawyers and Advisors about the complicated area of employment law during the COVID19 crisis. When can you stand down employees? What kind of leave can my employees take if staying home? Kate discusses these and more in this podcast!
This week we chat with friend of the podcast Leon Black from Inspired Techs about the best ways to work from home for you and your team! We also give an update on the wage subsidy announced during the week.
This episode is a recording of the live webinar we did around the stimulus packages that have now passed law, the other places to find support and what you need to know. We discuss in detail who is eligible for what and how to access it.
Today we are joined by Jeremy Thorpe Partner and Chief Economist at Price Waterhouse Coopers Australia. We discuss the state of the economy, what is actually effecting it, what recovery might look like and what you should do.
(Quick note, we did a live webinar with more updated information and more detail on a future episode. For more relevant information go have a listen to the newer episode titled Stimulus Package in Detail)
On this weeks episode we discuss what we know about the stimulus package announced by the government yesterday and what will be in it for your business. We also discuss COVID 19 and the greater economy.
Today on the pod we chat about the importance of defining your purpose! We discuss the benefits and the how to and also about why people are going crazy with the toilet paper.
This week on the podcast we discuss how to make your reporting work for you! Don't just run a profit and loss and balance sheet, customise reports to show you the numbers that really matter to you in an easy to understand format!
This week on the podcast we discuss a the tax trap that new businesses often fall into after their first year in business! We discuss what it is and the strategies to avoid it!
On this weeks episode we discuss the importance and benefit of defining roles in your business. We also discuss Tim's moral hair dilemma!
First episode of the new year! This week on the podcast we return from our christmas break and ready to start the new year with a new plan, this weeks episode is on the business plan. Business plans can often be a big and daunting task but we try to break it down into a simple 1-2 page map of the next 12 months. Have a listen!
Merry Christmas!! On Christmas day we bring you the present you never knew you wanted, Tim and Dan airing their grievances with each other! Plus we announce the Fuming Drunkie and the Prestigious Drunkie awards!
On the 11th day of Christmas we bring you the best of 2019, our favourite moments as well as the best "Other Things" of the year including best TV show or Movie, book, Podcast and music!
Its the 9th and 10th days of Christmas and we bring you the ultimate guide to tight ass Christmas!
On todays Christmas episode we discuss what you should be considering with your marketing over the holiday season with Sam Petrusma from Advantage Media Group.
On the 7th day of christmas the Two Drunk Accountants brought to you Xero NAB payments with Patrick Rossi Strategic Partner Manager from Xero!
Today we review a review of our podcast! The fantastic podcast Tax Talks gave us a mention in their top 10 podcasts for Australian Accountants and we decided to feature that review and review it on the podcast! Have a listen!
The inaugural Drunkie Awards are on the podcast today! This prestigious award goes to listeners, guests and softwares and is not to be missed. You could be a winner!
On the 4th day of christmas the Two Drunk Accountants bring to you............a fans reading of our favourite Curb Your Enthusiasm moments because why not!
On the 3rd day of christmas the Two Drunk Accountants gave to you......some cool ideas for giving presents to clients!
Today is the 2nd day in our 12 podcasts of Christmas and we tackle capacity. What is it, how do you plan for it and what are the signs you have got it wrong. Have a listen!
This week we begin our 12 days of Christmas with a chat about one of the most unnecessarily complicated things to consider during the holiday season, can I claim a deduction for my business's Christmas party? We also discuss mine and Tim's friendship with a quiz and the results of the big race.
This week we discuss accounts payable and when and why you should enter them into your accounting software. We also discuss the Sydney lock out laws, the state of the economy and other things we have no business putting our 2 cents into.
Today we discuss franchises! Should you buy a franchise? What are the benefits? What should you look for when considering which franchise to go into business with? These are all questions we answer with Ian Winn who has a wealth of experience in franchising including being the COO, CEO and board member of several large franchising businesses in Australia.
This week Tim and Dan tackle cashies. Should you do it? Are you really shooting yourself in the foot? All the answers are on this episode!
Today's episode is out long awaited discussion on liquidation and bankruptcy, what is it, whats the difference, when should you approach a liquidator? These are all questions we answer with the help of Josh Robb a liquidator and Director at SV Partners.
This week we tackle value based pricing, the $10,000 cash limit and we answer some questions!
Bottoms up as we are back for our regular programming. This week Tim and I discuss the bottom up marketing plan, an easy way to convert your goals to marketing actions! We also discuss our Uber ratings, why training is good and give a great tight ass tip!
Today's episode is the last episode live from Xerocon and features our chat to founder and CEO of Futrli Hannah Dawson. We are big fans of Futrli and were excited at the opportunity to talk to Hannah about the future of the product and how to deliver better insights to small businesses!
Today's episode features a chat with Peter Baines who is a global speaker, charity founder, ex police investigator and business consultant who helps businesses turn their corporate social responsibility into profit centers within their business.
Today is another episode from Xerocon featuring one of the partner apps in the Xero marketplace. This episode features Brian Armstrong the CEO of GreatSoft! GreatSoft announced a partnership with Xero recently to fill the gap for larger accounting firms in the practice management space! Have a listen!
Join Tim and Dan live from Xerocon as we chat to Hiroki Takeuchi the co founder and CEO of Go Cardless! Hear Hiroki discuss the journey of Go Cardless from initial idea through silicon valley accelerators to the multinational business it is today. We also discuss ATO warnings about diversification of investments in SMSFs and Tim's tight ass tip! To find out how you can integrate Go Cardless in your systems and for more information go to their website!
https://gocardless.com/en-au/
Today's short episode features another app in the market place Service M8, a cloud based job management software for trades and services. We chat with Michael from Service M8 about all the ways in which Service M8 will improve your business! If you are a tradie then this is a must listen.
https://www.servicem8.com/au/
Today's episode features Ros Harvey speaking to us about how to use big data to tackle todays biggest issues and how this lead to her company The Yield. Ros discusses what kind of data is out there, how to find it and what to do with it and also how there should be a market for this information rather than monopolies.
Another live chat from Xerocon featuring Liam from Tanda! Tanda is a fantastic cloud workforce management software in the Xero marketplace to help you manage your payroll and rostering. We chat about what they do, where they came from and how to find out more! A must listen for anyone in the hospitality or retail space especially.
https://www.tanda.co/
Another quick one shot from Xerocon with Molly from SuiteFiles! We talk about what SuiteFiles is, what it does and why you should use it!
Join Tim and Dan this week as they chat to Trent Innes the managing director of Xero in Australia live from Xerocon! We discuss the community Xero has built, why accountants now see each other as friends and also the experience that is Xerocon! Dan and Tim also give the usual business updates, Tim's tight ass tip and other things!
Join Tim and Dan as they have a chat with Daniel and Hayley from Unleashed Software live from Xerocon. We talk about inventory management using Unleashed, why you should use their program and Dan airs an apology to Daniel.
To find out more about Unleashed Software visit https://www.unleashedsoftware.com/
Surprise! Another episode this week in the lead up to Xerocon! This episode we chat to Amanda Newton the Head of Community at Xero to discuss the power and importance of community and Xero's role in developing it. It was a great chat, have a listen and get excited for Xerocon next week, I know we are.
Join us this week as we chat to Matthew Prouse the head of industry at Xero. We chat to Matthew about how Xero work with the ATO and industry to ensure that Xero both stays ahead of big changes but also has a hand in developing the way they work. We discuss single touch payroll, e-invoicing and what the future might bring. We also discuss next weeks Xerocon in Brisbane and what you can expect.
Join Tim and Dan as we discuss what a self managed superfund is and the compliance obligations involved! We also discuss millennials and spending!
Join Tim and Dan as we chat to Elliot Spirrett about the Xero Ecosystem. There are so many great add on's for Xero to help make your business more efficient but where do you start? Elliot gives some hints and tips and also discusses what to expect from the various app partners at this year Xerocon in Brisbane!
Join Tim and Dan this week as we discuss cryptocurrencies and how the tax man looks at them, we also announce the winner of our slogan competition! Have a listen and tell a friend.
This week Tim and Dan continue the series on capital gains with a further exploration into the small business CGT concessions! Also we discuss our tshirt competition, survivor and terrible movie Tim watched!
On this episode Tim and Dan discuss the bottom up budget! This is a simple and easy way to check whether your income expectations match the current reality in your business. Get your heads down bottoms up, its budgeting time.
This week Tim and Dan discuss some things you should do at the end of the financial year before sending your work to your accountant for tax time!
And we back! Back from our brief hiatus we are in full swing for this episode on the recently passes Middle Income Tax Offset!
Join Tim and Dan as we discuss buying a business in our first episode on the topic! We find out about Dan's lack of sport knowledge and celebrate Ash Barty and Kat!
Join Tim and Dan this week as we chat with Genevieve Fordham from Sphere Finance to discuss all things loans. We learn some tips about what the lenders might be looking at with your spending and what policies and changes are coming up to make borrowing for your home a little easier.
Join Tim and Dan this week as we begin our first episode in a series on capital gains tax! Is it a tax? How much is it? Why do I have to pay it? All questions will be answered! Plus Tim reveals a secret hobby Dan has, rate, review and subscribe to the podcast!
Join Tim and Dan for our 3rd episode in the series on cashflow! Today we talk about debtors, inventory and WIP. We also talk about a lot of other things for about 30 minutes so enjoy that as well! As always subscribe, rate and review!
This is Democracy Manifest! This week we discuss the major business and tax policies of each major party in the 2019 Federal Election and how the may affect you. Have a listen and get voting!
Join Tim and Dan this week after a big day to discuss KPIs and how to make them! KPIs are an integral part of measuring success in your business but how do you ensure you are using the correct ones and what are they? Find out this week! Subscribe, rate and review!
This episode join Tim and Dan as we discuss the creative ways the ATO tax creatives! We also discuss the integration between Shopify and Xero, data matching with cryptocurrencies and spooning! Have a listen, subscribe, rate, review and tell a friend!
This week join Tim and Dan on our second episode of the cash flow series. This episode is all about one of the biggest cash flow killers which is taxes and employee entitlements. We discuss the best ways to handle GST, PAYGW, superannuation and income tax. Our other things this week were booing at the AFL and Avengers Endgame. Make sure you subscribe, rate and review!
Join Tim and Dan this week as we discuss 7 ways to grow your business! Our other things include some great podcasts and we also discuss the looming election and some changed to superannuation directors penalties!
Join Tim and Dan for the very special budget update episode! We discuss live over a couple of beverages as it happens the 2019 budget announcement and how it might effect your business! Have a listen!
The OG gang is back. Join just Tim and Dan as we discuss the basics of cashflow in the first in our series on cashflow! We also discuss the Apple credit cards, CPA budget submission and McDonalds investing in AI. Oh and Tim's dog Dora makes many appearances. Like, listen and share!
Join Tim and Dan as we have a chat to Trent Innes Managing Director of Xero Australia about all things Xero and accounting software! We have a great chat to Trent about his history at Xero, the developments in the accounting software space and what the future holds for Xero. Have a listen!
Join Dan and Tim this week as we have a chat to Matt Bunston from Hubdoc! We chat to Matt about automating your bookkeeping, the latest at Hubdoc and what he will be doing at the Accounting Business Expo!
Tim goes it alone (and surprisingly enjoys it)in the third episode of our series interviewing a hand picked group of exciting guests from the upcoming Accounting Business Expo. This week Rob Cameron from FYI Docs replaced Dan as the co-host of the show! Rob is pioneering an exciting new software in the accounting industry. And this isn't the first time he has created a valuable software from scratch, having already successfully grown and sold two other accounting software ventures.
Join Tim and Dan in our second episode of our series covering the accounting business expo. This week we talk to presenter Kylie Parker around planning for plan b in your business and in life more generally!
Join Tim and Dan as they have a chat with 2018 Accounting thought leader of the year and founder and head of purpose at Illumin8 Partners. This week we discuss our thoughts on the accounting industry , advisory beyond numbers and range of other topics! Have a listen!
Join us, Tim and Dan, as we discuss what franking credits are, how they work and what may happen under the proposed changes. Tell your friends!
This week join Tim and Dan as we discuss the banking royal commission, Tim proposes a new nickname for himself and we have a hot debate about the future of the mortgage broker industry.
Join Tim and Dan this week as we discuss depreciation. Hopefully something not happening to this podcast!
Join Tim and Dan this week as we discuss the advantages and disadvantages of buying a franchise. Ever thought about running a McDonalds or Gloria Jeans, then this is the episode for you!
Are you an Uber Driver? Rent a room on Airbnb? How about a a delivery person for Deliveroo? Then this weeks episode is for you. This week we discuss the sharing economy, more specifically the tax consequences of participating in the sharing economy. Have a listen!
And we back! Join Tim and Dan as we talk about your side hustle, is it really a business or a hobby?
Join Tim and Dan for the last episode of the year as we talk with Quang Nguyen about the do and don'ts of setting goals.
Join Tim and Dan as they chat with Mike Sandys from Oddball Marketing about the importance of SEO. We also continue out Tim's Tight Ass Tips with a contentious issue.
Join Tim and Dan this week as we discuss the basics of superannuation. Many small businesses often make the mistake of not considering superannuation either from a cash flow perspective while paying their employees super or from a tax planning perspective when considering their own super. Have a listen as we discuss the basics of superannuation to unravel any mystery surrounding the topic.
Join Tim, Dan and Leon this week as we discuss cloud security. Leon is someone with his head constantly in the clouds. Either through doing things the "inspired way" in his business in IT and technology support or flying through the clouds training for national sky diving competitions. Therefore we through it would be appropriate to have Leon on to discuss the security of having your data stored in the cloud. Have a listen and tell your friends.
Join Tim and Dan this week as we discuss Personal Services Income! We also discuss our knew segment, Tim's Tight Ass Tips.
Join Tim and Dan this week as we discuss ATO disputes and private rulings! We also discuss some interesting statistics from leading accounting softwares!
This week Tim and Dan tackle long service leave! Have you or any of your employees been working longer than 10 years then this episode is for you. We also discuss the Pong Date, Saving for retirement and a few musicians!
Join us this week as we discuss single touch payroll! Do you need to use it and if so what do you need to do to prepare! Also we discuss Taylor Swift, Sleep and Richard Branson.
Join Tim and Dan as we do a deeper dive into FBT. This week we discuss specific fringe benefits and how the rules apply. Also this week we discuss the future of the two drunk network of podcasts and our listeners!
We're back! After a week off we are back and better than ever with our episode on FBT. This will be the first of two on the subject so strap in! Also this week we discuss Ping Skills and my new house!
Join Tim and Dan this week as we discuss auditing again. But this time we focus on who needs to have their company financials audited and the different types of auditing. Also if you stick around to the very end you will hear Tim's reaction to the Bachelor results.
Join Tim and Dan this week as Tim is on the road. This we discuss ATO audits, how you get them, what happens and what are likely to lead you to get an audit. We also discuss Space X, Teachers Pet and how is the prime suspect if Tim goes missing.
This week is the second half of our chat to Guy Pearson CEO of Practice Ignition. In this part of our chat Guy gives the details of his story from trainee accountant through starting several business and the hurdles he met along the way. Enjoy!
Join Tim and Dan as we discuss all things start up with Guy Pearson CEO of Practice Ignition. We discuss lessons Guy has learned along with the way to start several successful businesses and some tips and tricks. Specifically we discuss why you are the biggest asshole in the room, the importance of mentors and having a vision.
This week on the podcast Tim and Dan discuss what it means to negatively gear an investment, the tax implications of this and if it is a positive or negative idea? Also discussed the inaugural Two Drunk Olympiad.
Join Tim and Dan this week as we interview Trent Mclaren 2017 Accounting thought leader of the year and head of accounting and sales at practice ignition! We discuss finding wizards to help you, the importance of ping pong tables and how to find the best mix of apps and tools for your business. Enjoy!
Join Tim and Dan this week as we continue our discussion on GST! This week we delve a little deeper into the rules and some handy tips for your business when dealing with GST.
Join Tim and Dan this week as we discuss the basics of GST. When should you register for GST and what actually is GST? Also discussed are this weeks ping pong results that have lead to terrible consequences.
Join Tim and Dan this week as we discuss the steps you should take when setting up a new business. We also give a pong update, and discuss why Dan is a hero amongst ducks.
Join Tim and Dan as we discuss the issues around buying your first home in this day and age. We discuss how the First Home Super Savers Scheme works and also what you will need to consider if you are a small business owner before making an offer on a house.
This week we discuss if or should you have motor vehicles in your company. We also discuss our weeks and catch up some some business updates. If you enjoy this episode make you like, rate or share our podcast!
Join Dan this week as he interviews Dave Hammett from Sydney Wealth Advisers about all things financial planning. Also discussed are Tim's continued absence, what to look for in an accountant and changes to TPARs.
This week join Dan as he fly's solo to answer some listener questions. Discussed are laundry expenses, friendly society bonds and tax havens. Also discussed is why the bombers aren't winning and what is the future of accountants.
This week on the podcast we discuss individual tax returns, if you should pay an accountant to complete it for you, why there are so many questions about if something is allowed to be deducted and what are the main areas to consider. And Dan admits to several mistakes.
Join Tim and Dan as we discuss what you need to do to prepare yourself for the end of the financial year. What compliance obligations are you required to do and what might just be a good idea. Also discussed is why Tim doesn't do the intro, why breaking the seal is a fallacy and Tim tries to seem "manly" by over explaining his irrigation system. We also see why we are called the Two Drunk Accountants.
Join Tim and Dan as we discuss the various ways to tax plan and the situations in which these may work for you. We also discuss Tim's new ping pong strategy....I'll give you a hint, he cheats.
On this week's podcast we discuss hiring employees and what you need to know, how our week in ping pong has gone and also what the Damo tax is! Have a listen!
Join us this week as we discuss accounting software! The who, what why and where of bookkeeping choices and which software is right for you! We discuss the pro and cons of many of the current softwares available to you and as always plenty of accounting, business and banter.
Join Tim and Dan for the final episode of our series on entity structures. This week we tackle the complex world of trusts!
Join Tim and Dan for the third episode of Two Drunk Accountants. This week we take a break from our series on entities and focus on the recent federal budget announcement and discuss how any of the proposed changes may affect you or your business.
Join Tim and I on our second episode of Two Drunk Accountants! This is the second installment in our series on which entity you should trade out of. In this episode we tackle companies. Grab a drink and have a listen.
This is the very first episode of Two Drunk Accountants Podcast. Join Tim and Dan as they dissect current affairs and tackle the myths and mysteries of running a small business over a tasty beverage. This week is the first in a series focusing on different entity structures and which might be right for you.