123 Financial Group

24/06/2026

🚨 NEW VIDEO NOW LIVE 🚨

💸 Why is your tax bill always higher than expected?

If you're a small business owner in Australia, you're not alone.

Every year, business owners work hard, grow revenue, keep cash flowing, then get hit with an income tax bill that feels completely out of proportion.

The problem isn't usually the tax.

The problem is not understanding what's happening behind the scenes while your business is growing.

In this video, Jen Richardson from 123 Financial Group breaks down:

✅ How income tax is calculated in Australia
✅ Sole trader tax rates explained in simple terms
✅ Company tax rate Australia and how it works
✅ Why PAYG instalments still leave business owners with large tax bills
✅ The bank balance trap that catches growing businesses off guard
✅ Tax planning strategies for small business owners
✅ How to estimate your tax bill before it's too late
✅ Practical ways to reduce tax legally and stay ahead of the ATO

If you've ever asked:

👉 "Why is my tax bill so high?"
👉 "How much tax should my business be paying?"
👉 "How is income tax calculated in Australia?"
👉 "Why do I owe more tax even though I'm already paying PAYG?"

This video is for you.

The most successful business owners don't wait until tax time to find out what they owe.

They know their profit.
They understand their tax position.
And they plan ahead.

🎯 FREE PROFIT ENGINE SCORECARD
Find out how financially healthy your business really is and uncover the biggest opportunities for profit, cash flow, and tax planning.

📞 Need help with your tax position, bookkeeping, accounting, or business financial strategy?
Book a clarity call with 123 Financial Group.

👇 Have you ever been surprised by a tax bill? Tell us your experience in the comments.

💸 Why is your tax bill always higher than expected?If you're a sm...

23/06/2026

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Most business owners we work with didn't start out wanting a job that owns them. They wanted freedom, financial, time, and headspace. Somewhere along the way the business started running them instead.

The fix isn't more hours. It's clarity on your numbers, systems that don't rely on you for everything, and guidance that helps you make decisions with confidence instead of guesswork. 📈

Your business should support your life.

23/06/2026

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When you pull out materials, subs, insurance, tools, vehicles, super, and tax — the hourly rate a lot of tradies are actually working for would surprise them.

Not always in a good way.

Knowing your real numbers changes how you quote, whether you hire, and whether growth actually makes your life better or just busier.

We work with a lot of businesses in trades and construction. If you want to actually know where you stand, let’s talk.

📍123 Financial Group
🔗 Link in bio to book a call

22/06/2026

Quick Monday poll:
When did you last review your home loan rate?
A. Recently. I’m on top of it ✅
B. Honestly… can’t remember 😬

19/06/2026

Happy Friday to everyone whose to-do list is longer than their lunch break 🙌🏻

18/06/2026

Messy books create expensive mistakes. 📊

Missed deductions. Late BAS. Decisions made on numbers that aren’t actually right. None of it shows up as one big disaster, it just quietly costs you money every month until you add it up.

Professional bookkeeping isn’t about ticking a compliance box. It’s about knowing your numbers are accurate enough to actually run your business on.

If your books haven’t had a proper look in a while, that’s worth fixing before it costs you more than the bookkeeping would have.

Get in touch with the team: www.123financialgroup.com.au 📞

18/06/2026

The question we get asked all the time: “Am I paying too much tax?”

Sometimes yes. Sometimes no. But the honest answer is — most business owners don’t actually know their effective rate, and neither do they know what levers are available to them.

Structure, timing, and the right deductions make a real difference. None of it is complicated when someone explains it properly.

If tax feels like something that just happens to you rather than something you have any control over, that’s worth fixing.

📍123 Financial Group
🔗 Book a discovery call — link in bio

18/06/2026

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Questions about your numbers? Call the office — we’re here.

17/06/2026

Behind on your bookkeeping? It happens. You get busy running the business and the numbers fall down the priority list.

But here's the thing most owners don't realise: late bookkeeping isn't just an admin headache. It's usually the first sign that cash flow is heading somewhere you don't want it to go.

If your books are months behind, you're not just missing receipts. You're missing the early warning signs that would've let you fix a problem before it became a crisis.

Your business should support your life, not run on guesswork.

If this sounds familiar, let's have a conversation about where your numbers actually stand. Get in touch via www.123financialgroup.com.au 📞

17/06/2026

Nobody talks about how expensive a wrong hire actually is — because it’s uncomfortable to admit it happened.

But the wage is only the beginning. By the time you factor in on-costs, lost productivity, management time, and starting the process again, you’re often looking at well over a year’s salary down the drain.

The fix isn’t to avoid hiring. It’s to model the decision properly before you commit.

We help business owners work through exactly this. Get in touch before you sign anything.

📍123 Financial Group
🔗 Link in bio to book a call