Thinking of transitioning from a sole trader to a company structure?

In this episode, I break down the vital steps and strategic decisions you need to make before making the switch. We cover:

• What a sole trader vs company structure really means
• The risks and benefits of both
• How to legally restructure without triggering tax consequences
• Common traps and the real costs you should expect

This isn’t just about saving tax, it’s about protecting your assets, preparing for growth, and building a business that works for you.

👉 Want a full breakdown? Read the blog here:
https://ngraccounting.com.au/sole-trader-to-company/

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Thinking about buying an investment property in 2025? Before you dive into the market, there are five vital things you need to understand, and I’m breaking them all down in this episode.

Whether you're just starting out or ready to build your property portfolio, I’ll walk you through:

• What to look for when buying a rental property
• The truth about negative gearing (and whether it’s really worth it)
• Who should legally own the property: you, your partner, or a trust?
• How rental income and expenses work in your tax return
• The best strategies to maximise your deductions and avoid common mistakes

Plus, I’ll share real stories, practical advice, and the tools to make confident, profitable decisions.

👉 If you’re serious about getting it right from day one, hit play now.
👍 Like, subscribe, and share this with someone who's thinking about investing in property.

Read our blog for more information

https://ngraccounting.com.au/investment-property/

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

With tax season in full swing, understanding how to correctly claim your motor vehicle expenses can save you serious money or land you in hot water with the ATO. In this episode, I break down the two main methods for claiming your car: cents per kilometre vs. the logbook method.

We'll cover:
✅ Which method suits your situation best
✅ The biggest mistakes people make (and how the ATO catches them)
✅ What records you MUST keep to back your claim
✅ How to legally maximise your deductions without raising red flags

Don't get caught off guard. Whether you're a casual user or your car is your second office, this episode will make sure you’re set up properly for the 2025 tax return.

👉 Want the full rundown? Read the blog here: https://ngraccounting.com.au/car-claims-tax-method

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Thinking of Starting a Self-Managed Super Fund? WATCH THIS FIRST!

In this episode, I explain exactly what you need to know before setting up a Self-Managed Super Fund (SMSF).

- Who should consider an SMSF
- Why ASIC recommends at least $200K to start
- The real costs no one talks about
- The compliance traps that could cost you big
- What happens if you get it wrong

I’m seeing a massive surge in people asking about SMSFs, but many don’t fully understand what they’re getting into. In this video, I cut through the noise and give you the reality check you need to make an informed decision.

⚠ Warning: Setting up an SMSF isn’t always the smart move. For some, it’s fantastic. For others, it’s a ticking time bomb.

If you’re considering a Self-Managed Super, watch this first and save yourself a very expensive mistake.

This video provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Need advice or help? Read our full blog here!

#SMSF #SelfManagedSuperFund #AustralianSuper #BusinessAdvice #ProfitGenerator #NGRAccounting #Superannuation #FinancialFreedom

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

🚨 The ATO Is Coming for You – Here's What You Need to Know 🚨

If you've got unpaid tax or super, the Australian Tax Office isn't playing games. The honeymoon is over. Payment plans are getting denied. Interest and penalties aren't being wiped. They're calling, writing, and turning up the pressure hard.

In this episode, I explain precisely why the ATO is cracking down, who they're targeting first, and what you need to do right now to avoid getting slammed with a Director Penalty Notice or worse.

If you're behind on taxes, don’t wait. Watch this and take action today.

👇 Need help or unsure where you stand?
Reach out here: https://ngraccounting.com.au/contact/

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Thinking of starting a business with a partner? WATCH THIS FIRST.
Too many great business ideas fall apart because the partnership behind them wasn't built on solid ground. In this episode, Nathan Rigney—The Profit Generator dives deep into the five principles you MUST know before going into business with anyone.

Whether you're already in a partnership, about to start one, or just dreaming of building a business with a mate, this episode is packed with real talk, honest advice, and practical steps to help you create a partnership that thrives, not one that ends in tears and legal drama.

You'll learn:
✅ The three things every partner must bring to the table
✅ Why being too similar is a red flag
✅ How to structure expectations (and avoid resentment)
✅ The conversations you must have BEFORE you sign anything
✅ How to turn your partnership into a powerful growth engine

👀 Fairytale ending or business horror story? It's up to you.

👉 Know someone who's starting a business with a partner? Share this with them—it might just save their business (and their friendship).

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Thinking of Starting a Business? Watch This First.

Starting a business is exciting… but without the right knowledge and strategy, it can be an expensive disaster waiting to happen.

In this episode, I break down the 5 essential things every business owner must know before they launch. These aren’t textbook theories—these are real-world insights I’ve gained from working with hundreds of business owners who either struggled or succeeded based on what they did (or didn’t do) initially.

✅ How to tell if you’re really ready for business
✅ What kind of business model fits your goals
✅ How to treat your business like an investment (because it is)
✅ Pressure testing your idea to avoid costly mistakes
✅ When and how to get your structure and setup right

Whether you're just getting started or feel like you're flying blind, this is your go-to guide.

📍 Ready to launch your business the right way?
👉 Learn more about The Profit Generator School and 1:1 coaching here: https://ngraccounting.com.au/the-profit-generator-school/

👉 Read our blogs at www.ngraccounting.com.au/blog

Let’s build something that serves YOU—not the other way around.

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Are you leaving thousands on the table?
If you’re a business owner or an income earner and you haven’t started thinking about your tax position for the year, this video is your wake-up call.

In this episode, Nathan Rigney (The Profit Generator) breaks down:
✅ What tax planning actually is
✅ Why May and June are critical months
✅ The biggest mistakes people make with EOFY strategy
✅ Real-life stories of smart tax wins
✅ And legal strategies you can ACTUALLY use to reduce your tax bill

Forget the jargon. Forget the last-minute panic. It’s time to take control.

👉 BONUS: Hear the famous Kerry Packer quote that every taxpayer needs to know.

🎯 If you’re ready to legally minimise your tax, maximise your profit, and stop giving the ATO a bonus, this video is for you.

📌 Need help getting your tax plan sorted before June 30?
Head to https://ngraccounting.com.au and book your tax planning session now.

👍 Like | 💬 Comment | 🔁 Share | 🔔 Subscribe for more videos on how to build a profitable business that serves you.

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.