Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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If your friend is a tax accountant, best avoid them till July.Here's why...A year in the life of a tax accountant...- Normal work day- Month end (28th, monthly BAS due)- Quarter end (28th, quarterly BAS due)...- Year Endmageddon (Income tax-15 May - 5 June, 30 Jun trust resolutions, FBT 21 May - 25 Jun...)Happy Year Endmageddon. #taxnuggetsacademy#tiktoktax
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Tim Loh
Assistant Commissioner | 100+ million audience views | Aspiring to be more compassionate | Strategy
3y
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Standard setting Joyce Ong! 👏
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Melinda Achterberg
Accounts Assistant at Southern Cross Shopfitting
3y
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Ellen Rowe
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Deepa Bhakta
3y
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Fred Gerardson Kyelie Baxter Grant Leverington Harish Budhiraja Malika Siyali (CPA, MAICD, Registered Tax Agent, SA FIN) Hayden Callander this one I’m sure will sound very familiar 😁
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Chinara Javadzade, ASA
Finance Partner
3y
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And then they say Accountants don’t know how to party😁
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Pervaiz Buttar
Principal at Buttar, Caldwell & Co. solicitors
3y
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It may be a rule that enquirer client can only query by email or text in June, so option lies with tax expert to call when finds reasonable time say 48 hrs.But when client says how about I rearrange affairs, then tax advisor knowing clients’ circumstances, must take responsibility for not proactively advising in advance.Currently asset write off is I suppose a ‘once in a lifetime chance’ for all abn holders, cashflow permitting, to invest and carry forward loss.After lodging March qtr BAS, tax advisors can make clear assessment (if they have non-value access to bank statements and remote access to accounting software) and can possibly volunteer advice in April/May for any rearrangements to occur, rather than wait for client to seek tax query.March is usually busy I guess for tax advisors with FBT queries. Some tax inquiries are unfortunately simply too urgent to be postponed.Budget related inquiries are best to be postponed for a fortnight after reading commentaries on it.Last year must have have been the busisient for tax accountants due to property market unforeseeably heating and 2020 year COVID measures impacting all businesses.
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Alan Garcia
Thread Incentives
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Love it 😊
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Suzanne Aridi CA
Senior Accountant at SEIVA
3y
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Hahaha too funny! Love it
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Lisa Greig
Practitioner and Educator - FCA FIPA CTA GAICD
3y
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Let’s catch up and do ☕️ soon ....... I mean July or maybe August. Love to chat about Nuggests.
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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We're cranking out 19 live events a month now. Yeah, 19. That’s more than your average Netflix binge. So, I'm calling it: we're officially the most accessible online learning platform for SME accountants, with the fastest-growing CPD content library. If you're an SME accountant who needs CPD, we've got you covered. Super proud of the team! But we’re just getting started. We’re going to keep scaling this beast until we’re the go-to learning platform for every accountant out there.
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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August 2024 TL;DRGrowth: A mind-blowing 0.98%. In the words of my accountant: "At least it wasn't negative." 🤦♀️ Oh wait, I am my accountant. PS: We’ve already hit September’s targets, so less sleepless nights... for now!#CEOChronicals #RadicalTransparency #StartupLife #showmethemoney
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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Dinner with Sid Myer last night! He's the Chairman of Myer Family Investments aka head of dynasty. 🤩 He summed up the startup journey perfectly: fun, joy, tears, and terror. Just another perk of being an Apropela (formerly Heads Over Heels) portfolio company—spending time with absolute legends like Sid and 10 other amazing female founders. #CEOChronicles #StartupLife #OMGmoments #InspiringConversations
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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CPA Australia gets that being a professional isn't just about the big city events; it's about connecting where you are, in your local area.They have an army of passionate members and volunteers who create these intimate, hyper-local gatherings that feel less like a formal event and more like catching up with mates who just happen to be accountants. Bonus! I was stoked to hit up the AFL footy finals member get-together today, put on by the CPA South East Vic committee. And honestly, it was bloody brilliant. We had two absolute legends up there, Mark "Robbo" Robinson and Jordan Lewis, swapping stories about their careers like it was no big deal—just another day at the 'office' for them, but total gold for the rest of us.Highlight of the day? Robbo casually asking Jordan how much he was earning as a player "because there's a bunch of accountants in the room who'd like to know". The whole place cracked up.
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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Meet my team! Yeah, we swapped the Friends cast's faces with ours because, well, we are that iconic. 😆At our team retreat last week, we didn’t just talk business—we spiced things up with a competition, MasterNugget—our very own twisted lovechild of MasterChef. The idea? Everyone teaches the group something cool, gets judged on creativity, usefulness, and that ever-elusive "wow" factor. And yes, there was scoring. Because let’s face it, nothing brings out the team spirit quite like the chance to show off and win imaginary trophies.After all, we’re a learning company, and this was our way of living the values, one nugget at a time.Past MasterNuggets of wisdom:🎁 Origami Box Making: Turns out folding paper is therapeutic...🏓 Pickleball 101: This wasn’t just theory—we grabbed paddles and hit the ‘court’ aka the patio. Turns out, athleticism is not a prerequisite to join our team (trust me, I’m living proof)📐 Why Being Organised Matters—Backed by Math… courtesy of the software engineer (because who else?)🍷 Wine Pairing🧘♀️ Meditation🤖 AI Image Generation & Face Swapping: Yep, that’s how I ended up as this year’s Grand MasterNugget. I mean, once you see your face on Chandler from Friends, you’ve peaked.I’m proud to lead a team that’s not just talented, but game for anything—even when it involves origami or sports we don’t fully understand, or logarithms!Got any weird or wonderful team bonding activities to share? Let’s hear those stories. PS: Yes, Ross (林中原) Lin is still Ross. Some things never change. 😆
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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Yesterday, we kicked off our annual team retreat in Cairns aka Nugget Junket. 🎉 As a remote-first company, we’re big believers in the magic of face-to-face time, at least once a year. Here's why. 🌱 Organisational health check-upOur company isn't just a brain trust of smart ideas, AI shortcuts, and frantic Zoom brainstorms. It’s about more than writing code or designing snazzy graphics. It’s about figuring out if we’re actually happy doing what we’re doing. Is our culture a “speak up” kind of place or a “smile and nod” kind of place? Do our people even remember why they show up to work each day?🤝 Trust, but skip the trust fallsForget the trust falls and kumbaya moments. We're here to understand how each of us ticks: what makes us awesome, what makes us a little annoying. As a remote team, Slack messages can easily be misunderstood—like when "this is wrong" sounds harsher than Ross meant, or when Joyce’s rushed reply loses its finesse because she had two minutes before her next meeting.👓 Clarity and commitment (with a side of hard questions)We’re putting ourselves through a six-question gauntlet inspired by Patrick Lencioni’s book The Advantage. Questions like: Why do we exist? How do we behave? How do we succeed? And the big one: What's most important right now?Because, until it's all written down and everyone's onboard, commitment is just a word we throw around to sound corporate.Our team has a chance to poke holes in everything, to challenge, question, and finally, to commit. Because, at the end of the day, we're here to build something worth showing up for.P.S. Yesterday's snorkelling trip at the Great Barrier Reef was a success! By 'success,' I mean we didn't lose anyone to the choppy waters. Winning!
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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Tax Nuggets Academy is at BGL REGTECH 2024 in Melbourne today. Come say hi if you're around!
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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TL;DR July 2024🌱 Tiny Growth, Big Reality Check?July was a snoozer. SME accountants took their well-deserved siesta before the tax season blitz. August is looking just as sleepy. Welcome to the startup twilight zone—where founder goodwill dries up, organic growth hits a wall, and you realise, "Hey, maybe we need a real outbound sales strategy?" This must be that "valley of death" they warned us about. We’ve chewed through the low-hanging fruit, and now we’re looking at that tall, unripe stuff.🤝 Channel Partners IncomingWe’re in talks with not one, not two, but three heavyweight channel partners. If this pans out, we’ll be shouting our message into the ears of hundreds of thousands of accountants. Think megaphone, not whisper.📆 Training on steroidsOur training calendar for juniors is locked and loaded for the next eight months. We’ve got a full curriculum ready to brainwash them into tax wizards. 6 live interactive courses - our graduate program for tax compliance, superannuation fundamentals, company tax fundamentals, trust tax fundamentals, CGT fundamentals, and an FBT program. Ready, set, overachieve.
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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I’ve been putting our subscriber numbers and revenue out there every month since Day 0. That’s three years of throwing our financial laundry into the public. No grand strategy behind it—honestly, I did it in the early days because I needed the PR. But each year, I get that little voice saying, “Maybe it’s time to pull back… when the going is still good” and yet, here’s why I keep hitting that share button:Keeping it real. LinkedIn’s the place where every day is ‘Crushed It Wednesday,’. 🤦♀️ All you see are polished success stories or someone’s perfectly framed failure ‘with a lesson.’ Rarely do you see someone broadcasting the messy reality in real time—the uncertainty, the grind, the small daily steps showing that success is trudging through mud, not sprinting to greatness. And yet, here I am. No beautifully staged #vulnerability. Just the raw numbers, whether we’re killing it or dragging ourselves over the line. That’s real.Trust is key. Accountants—they can sniff bullshit from 287 km away. That's why I put the cold hard numbers out there. It’s saying, “Yeah, we exist. And yeah, we make money. Not yacht-buying money, but it’s real. No ‘fake it till you make it’ here—just straight facts.”Publicity! Let’s face it, we’re all a bit nosy. And accountants? They love numbers, so it keeps them engaged. Sharing our figures drives curiosity, which drives traffic, which hopefully drives dollars into the bank. It’s like voyeurism for finance geeks! Payday for the creators. We’ve got a rev share program with our instructors, and they’re cranking out the content that keeps the machine running. Showing them the money is my way of saying, “Yes, the pie is growing, and your slice is going to get a little fatter.”$700K raised, no bum kissing needed. Last year, we snagged $700k, and get this—60% came straight from our customers, not some VC pitch room. Maybe sharing our numbers made us less of a gamble and more of a sure thing. Exit strategy—eyeballs are everywhere. Whether we like it or not, competitors and industry players are always watching. Sharing our numbers could be planting a little seed in the minds of potential buyers. The door’s always open for a future exit. 😉So, what’s the downside?If we crash, we’ll do it publicly. But hey, we're not a listed company. I can pull back anytime I want to. (Right?) As long as sharing keeps the wheels turning and the business growing, I’m in. But, should I keep doing it? Let me know your thoughts.
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Joyce Ong
Co-Founder - Tax Nuggets Academy, CA Top 20 Future Leader
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Are you based in Brisbane? I'll be dropping in next Wed, 21 August, as part of BGL REGTECH 2024. Come along for some good chats, industry insights and free breakfast and lunch. Swing around to our booth and talk shop—the industry's talent crisis, CAANZ's new ad to attract more youngens, TASA changes... so much going on in our industry right now. It's good to hang out and swap notes. See you there (maybe)! Register here: https://lnkd.in/g_PYcFRXAlso, in Melbourne on Thurs, 29 August.
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