Uncategorized

03/04/2019

Federal Budget 2019 – summary of the key revenue measures as announced last night…

More than doubling the low and middle income tax offset up to $1,080 from 2018-19 (for taxpayers earning up to $126K per year). This relief will […]
16/07/2017

I own a Rental Property. What can I claim in my tax return?

Key items that you may be able to claim as expenses against your rental property in your tax return include the following: Key Rental Property Deductions […]
22/06/2017

How Can I Claim my Motor Vehicle Expenses in My Tax Return?

Vehicle and travel expenses – including travel between work and home You can claim vehicle and other travel expenses directly connected with your work, but generally […]
21/06/2017

What is the $20K Instant Asset Write-off Accessible by Small Businesses?

If you purchase an asset before 1 July 2017 and it costs less than $20,000, you can immediately deduct the business portion in your 2017 tax […]
21/06/2017
deceased estates and final tax

FAQ: How Can I Pay Myself From My Company?

How Do I Pay Myself from My Company?! There are 4 ways to pay yourself from your company as follows:   1) Pay yourself a formal […]
19/06/2017
personal tax

I work from home- what can I claim in my tax return!?

  Working from home If you work from home you may be able to claim a deduction for some of your expenses relating to the area […]
19/06/2017
personal tax

I am a Sole Trader. How can I pay myself a wage / super!?

As a sole trader there is no requirement to pay yourself a wage or super from your business. For tax purposes you and your business are […]
18/06/2017
There are a number of circumstances under which you will still need to lodge an income tax return with the ATO, even if you did earn […]
04/02/2013
legal structure for business

Selecting the optimal legal structure for your business

Business Legal Structures A business can be legally structured in 4 main ways. Choosing the best legal structure to suit your business circumstances is one of the […]