Luxe Advisory

Luxe Advisory Jess | Your Finance Side Kick
💰 Financial advice for small business
💰 Bookkeeper + Registered BAS Agent
💰 Xero + Payroll + Tax Registered BAS Agent 26123777

At NQ Bookkeeping my mission is to provide reliable, accurate, high quality support, solutions and expertise to my clients. Helping all small to medium enterprise clientele get the most out of their business solutions program. As a successful small business owner of the last 6 years I understand firsthand the stresses and pressures that you face whilst trying to run your own business. My aim is to

help you take your business to the next level, whilst allowing you to maintain a great work life balance.

Tax season is well underway — and if you've lodged your return, your Notice of Assessment should be landing soon. Here's...
31/08/2026

Tax season is well underway — and if you've lodged your return, your Notice of Assessment should be landing soon. Here's how to read it.

Your notice shows your taxable income, the tax calculated on that income, any credits already applied (like PAYG withheld or instalments paid), and the final result — whether you're getting a refund or owe more.

Refund — the ATO owes you money. Usually hits your bank within a few days of the notice.

Tax debt — you owe the ATO. The notice will show the due date. Don't ignore it — contact your tax agent if you can't pay in full, because payment plans are available.

Amendment or adjustment — means something changed from what was lodged. Check it carefully against your return.

The ATO generally processes online returns within two weeks, though some take longer.

If anything on your notice doesn't match what you expected — contact your registered tax agent before assuming it's wrong. Sometimes it's correct but confusing. Sometimes it needs to be amended.

Questions? Drop them below. 💜

I'll go first — my best financial tip for business owners is this: separate your business and personal finances from day...
30/08/2026

I'll go first — my best financial tip for business owners is this: separate your business and personal finances from day one. It sounds obvious but you'd be amazed how many people don't do it, and how much it costs them later.

Your turn — what's the best financial tip you'd give another business owner? Drop it below. 👇

How you pay yourself as a business owner matters a lot more than most people realise — and it's not the same for every s...
29/08/2026

How you pay yourself as a business owner matters a lot more than most people realise — and it's not the same for every structure.

Sole trader: You take owner's drawings. You're taxed on your business profit, not on what you draw out — so it's critical you set aside money for tax as you go.

Partnership: Partners take drawings and pay tax on their share of the partnership profit. Same principle applies — you're responsible for your own tax position.

Company: You can pay yourself a salary, director fees, dividends, or a combination. Each one has different tax and super obligations. Getting this wrong is expensive.

Trust: Depends on the trust deed — you may receive a salary if employed by the trust, or beneficiary distributions.

The most important thing for FY2026-27: make sure whatever method you're using actually matches your structure, and that payroll, PAYG, super and STP obligations are being met properly.

If you're not sure whether you're doing this right — that's a conversation worth having with your accountant now, not at tax time.

Any questions about this? Drop them below. 💜

Be honest — when did you last actually sit down and look at what your business is spending money on?Most business owners...
27/08/2026

Be honest — when did you last actually sit down and look at what your business is spending money on?

Most business owners are great at paying expenses. Reviewing them is a different story. Subscriptions that are no longer used, costs that have crept up, things being coded incorrectly — it all adds up quietly in the background.

I've just published a new blog post walking through exactly how to review your business expenses each month, what to look for, and why it matters for your tax position and profitability.

Head to luxeadvisory.com.au to read the full post— worth five minutes of your time. 💜

Mountain escape or coastal retreat?Drop your answer in the comments below!
27/08/2026

Mountain escape or coastal retreat?

Drop your answer in the comments below!

Thinking about expanding your business? Before you do anything — read this first. 👉I've seen businesses expand at exactl...
26/08/2026

Thinking about expanding your business? Before you do anything — read this first. 👉

I've seen businesses expand at exactly the wrong time and spend the next year fighting to survive it. And I've seen businesses expand with full confidence because they actually knew their numbers first.

The difference was always preparation.

Before you expand, you need honest answers to these questions:

→ Can I genuinely afford the additional monthly costs — not just right now, but in a slow month?
→ Do I have enough cash flow headroom to support growth while income catches up?
→ Is customer demand consistent enough to justify this?
→ Have I reviewed my pricing and margins recently?
→ Do I have a budget for the expansion — not just a rough idea?
→ Do I have cash reserves to absorb unexpected costs?
→ Are my financial reports accurate enough to make this decision confidently?

Expanding at the right time with the right information can genuinely transform a business. Expanding too soon without it can break one.

Save this post and come back to it when you're ready to have that conversation. 📌

Happy International Dog Day! Today we're celebrating our loyal companions and best friends.Drop a photo of your dog or s...
26/08/2026

Happy International Dog Day!

Today we're celebrating our loyal companions and best friends.

Drop a photo of your dog or share their name in the comments below!

It's Love My Accountant Day - and while I'm a bookkeeper, not an accountant, I work closely with some brilliant ones and...
24/08/2026

It's Love My Accountant Day - and while I'm a bookkeeper, not an accountant, I work closely with some brilliant ones and this day is for them too. 💜

The best client outcomes I see happen when bookkeeping and accounting work together properly. Clean, accurate books handed to a great accountant = better advice, fewer surprises, and a much smoother tax return.

Tag an accountant or bookkeeper who deserves a shoutout today! 👇

Here's something most business owners don't realise: by the time June rolls around, it's usually too late to do meaningf...
24/08/2026

Here's something most business owners don't realise: by the time June rolls around, it's usually too late to do meaningful tax planning.

The decisions that actually reduce your tax bill — adjusting PAYG instalments, timing purchases, structuring payments correctly, making super contributions — most of them need to be made throughout the year, not in a panic in the last two weeks of June.

August is actually the ideal time to start. You've got a full financial year ahead, your FY25 numbers are either done or almost done, and you can set up FY26 properly from the beginning.

What that looks like practically:

→ Review your expected income and expenses for the year ahead
→ Check whether your PAYG instalments reflect your actual situation
→ Start setting aside money regularly for future tax payments — not scrambling at the end
→ Speak with your accountant or registered tax agent now, not in May

The earlier you plan, the more options you have. The more options you have, the better the outcome.

Save this one — and if you want help making sure your books are in the right shape to have that conversation with your accountant, DM me. 💜

I'll go first... there were more hours in the day.
23/08/2026

I'll go first... there were more hours in the day.

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Cairns, QLD
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