Blog - Wingr

May 30

GST and owner expenses: What short-term rental managers need to know

If you're a short-term rental manager, understanding how GST applies when you're dealing with owner expenses can feel confusing 😕 But it doesn’t have to be. There are two common scenarios, and the GST treatment depends on how you're handling the expense. Let’s break it down. Scenario 1: You’re paying... read more →

May 01

ACT’s proposed STRA levy: what short-term rental managers need to know

Last month, the ACT Government put forward a new piece of legislation — the Short-Term Rental Accommodation Levy Bill 2025 — which proposes a 5% levy on bookings made through platforms like Airbnb, Stayz, Booking.com and other online booking services. For now, it’s just a proposal. The bill has been... read more →

May 1, 2025
Jason Gillespie
Business, News, Short-Term Rentals, Tax, Trust Accounting

Oct 11

Top 10 things to keep in mind with a new business

Launching a new business is thrilling, but it’s easy to let the excitement push important financial practices to the back burner. You might think you can ignore the “boring” stuff for a few months, but that can leave you playing catch-up and feeling like you’re always one step behind. The... read more →

Aug 08

Which trust accounting software should I choose for my short-term rental management business?

Keeping track of finances for both your owners and yourself is a vital part of running a successful short-term rental (STR) business. You might not need a legally compliant trust accounting solution, but if you’re aiming for a more professional and efficient way to manage your bookings, then trust accounting... read more →

August 8, 2024
Jason Gillespie
Accounting, Short-Term Rentals, Trust Accounting

Jul 31

PAYG Instalments: Your secret weapon for smoother cashflow

Hey there, business owners! Rarely do we think of tax as a way to manage your business' financial health. But, there is one that can do just that...Pay As You Go (PAYG) instalments. The Australian Taxation Office (ATO) designed this system to help you handle your income tax obligations throughout... read more →

Jul 25

Common misconceptions about trust accounting for short-term rental managers

Hello, short-term rental managers! There's no chance you've been working in this industry and haven't heard about trust accounting software or possibly considered it for your business... It might sound a bit scary or complex, but understanding it is key to running a successful short-term rental business. Let’s bust some... read more →

July 25, 2024
Jason Gillespie
Accounting, Business, Short-Term Rentals, Trust Accounting

May 16

Discover the Benefits of Trust Accounting Software for Short-Term Rental Managers

Hey there! Are you managing short-term rentals and still haven’t tapped into trust accounting software? It’s time to think beyond just meeting legal requirements. Trust accounting software might sound a bit intimidating if you're not a financial wizard, but once you take a closer look, you'll see its immense value.... read more →

Oct 05

Avoid ATO debts with one simple change

Did you know that at the end of the 2021 financial year, businesses owed the ATO about $10.7 billion dollars of GST they collected and never paid to the ATO? And that's just the GST debt! But it probably makes you feel slightly less stressed about your debts in comparison,... read more →

October 5, 2022
Jason Gillespie
ATO, Business, Tax

Nov 17

Should I change my business structure to a company?

Are you a sole trader operating your business under you own name? If you've been in business for a while then this question has probably crossed your mind more than a couple of times. And you've probably been given "advice" by other business owners or friends that you need to... read more →

November 17, 2021
Jason Gillespie
company

Nov 11

Are you ready for STP Phase 2?

A few years back Single Touch Payroll (STP) was introduced in Australia to help streamline the reporting obligations for employers, moving towards electronic/paperless lodgements in order to reduce the reporting burden on employers. Of course it also has quite a few benefits for the ATO, making it easier for them... read more →

November 11, 2021
Jason Gillespie
Uncategorized