About this episode

This episode discusses the common accounting mistakes businesses make with gift cards and how to avoid them.

Australians waste $1.9 billion a year on gift cards they never use, and there's a whole business model built around hoping you don't show up. If your business sells gift cards, there's a good chance the accounting is wrong. It's one of the most common mistakes Jase sees with his clients, and this episode gets into how the accounting should actually work so you're not paying tax before you need to.

People in this episode

Hosts: Nick Reilly, Jason Robinson

Topics covered

• gift cards
• accounting
• business model
• tax
• financial mistakes

Keywords

• gift cards
• accounting mistakes
• business model
• tax implications
• financial advice

Mentioned in this episode

Places: Australia

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