Show Notes
Welcome back to The Account Rant.
In this episode, Jacob Fahmy sits down with Amanda Rose for a blunt conversation about AI, business, media, leadership and how she actually works behind the scenes.
Amanda explains why she has serious concerns about AI, despite founding Women in AI Australia. Her issue is not using AI as a tool, it is who controls it, how much power sits with a small group of tech billionaires, the lack of transparency, the lack of protections, and the risk that everyday people, small businesses and women get left behind.
She also explains why AI should be used strategically, to improve efficiency, support your work and make your team’s life easier, not replace the people who actually understand the job.
Jacob and Amanda also discuss her work across Sunrise, 2GB, podcasting, speaking, business, Women Owned Business Australia, media appearances, introversion, Zoom etiquette, fake backgrounds and why she prefers honest conversations over polished nonsense.
This is a sharp and honest conversation about AI, work, business, media and staying human in a world moving very fast.
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Guest: Amanda Rose CEO, Western Sydney Women https://www.westernsydneywomen.com.au/ LinkedIn: https://au.linkedin.com/in/amandarose1 Instagram: https://www.instagram.com/missamandajrose/
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The Account Rant is a business and tax podcast by Latitude Accountants, giving real conversations for Australian business owners, professionals and entrepreneurs.
This content is general information only and does not constitute financial, legal or tax advice. Please speak with a qualified adviser about your own circumstances.
Chapters: 00:00 Amanda Rose explains why she hates AI 02:18 Using AI strategically in business 02:55 Amanda’s media, business and daily routine 05:04 Zoom etiquette, fake backgrounds and honest conversations
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Running your business through a company can be a great structure, but using that company incorrectly can create tax problems you never expected.In this video, Jacob Fahmy breaks down five of the biggest tax mistakes he sees company owners make, including treating company money like personal money, paying super late, buying vehicles through the company without considering FBT, ignoring ATO lodgements and leaving tax planning until after the financial year has ended.Jacob explains how Division 7A can apply when company money is taken personally, why unpaid super can create additional costs and director consequences, and why putting a car through the company does not automatically make it a good tax strategy.He also explains why lodging your BAS on time matters even when the company cannot immediately pay the debt, and why proper tax planning needs to happen before 30 June while there are still decisions available to you.The key takeaway is simple: having a company does not automatically mean you have a good tax structure. You still need to understand how money comes out of the company, when your obligations are due and the tax consequences of the decisions you make.Need an accountant?GET A FREE CONSULTATION FOR ALL ABN HOLDERShttps://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwOUR SERVICEShttps://latitudeaccountants.com.au/accounting-services/[email protected]://www.tiktok.com/@latitudeaccountantsInstagramhttps://www.instagram.com/latitudeaccountants/YouTubehttps://www.youtube.com/@LatitudeAccountantsLinkedInhttps://www.linkedin.com/company/latitude-accountants/Facebookhttps://www.facebook.com/latitudeaccountants/Websitehttps://latitudeaccountants.com.au/This content is general information only and does not constitute financial, tax, accounting, legal, property or business advice. Speak with a qualified adviser about your own circumstances.#CompanyTax #Division7A #FBT #ATO #BusinessTax #TaxTips #Accountant #LatitudeAccountantsChapters00:00 5 Company Tax Mistakes00:42 Mistake 1: Treating Company Money as Your Own03:02 Mistake 2: Paying Super Late04:52 Mistake 3: Putting Your Car in the Company07:12 Mistake 4: Ignoring ATO Lodgements09:00 Mistake 5: Not Tax Planning10:49 How to Avoid These Tax Problems11:38 What’s Coming Next
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