Archive for category: Tax
News
How Much Can You Claim On Your 2019 Return?
The ATO have sophisticated data matching tools which allow to identify any out-of-the-ordinary or ‘too high’ claims.
... read moreThe Difference Between Income Tax And Instalment Tax
If your business activity drops my suggestion is to go and talk to your accountant and they should be able to drop the amount per quarter that you have to pay.
... read moreExtension & Increase To The Instant Asset Write-Off For Small Businesses
The popular instant asset write-off for small business has been extended and increased.
... read moreFringe Benefits Tax Is a Nuisance
It’s particularly frustrating for our small business clients, as they often have work-related car use or take their employees out for lunches or social functions.
... read moreClaiming Car Expenses: Cents Per Km or Logbook Method?
From 1 July 2015, the ATO reduced your options for claiming car expenses down to two methods.
How Tax Planning Can Maximise Your Tax Return
As tax advisors, the coming months are the most important time of the year. If you are a small business owner, you should consider this as a vital period for you too, because right now is when you are best to conduct your tax planning.
... read moreOur Pre-Election Tips & Advice
We’re two weeks out from the federal election, and it’s time to freeze.
Don’t do anything, small business people.
... read moreWarning For Tax On Overseas Income
Do you earn income overseas? A recent case highlights why you might pay more tax than you thought on foreign income.
... read more