Working From Home Deductions 2023
The Australian Taxation Office (ATO) has refreshed the way that taxpayers claim deductions for costs incurred when working from home. The changes better reflect….
Tax Deduction
Look Out Taxpayers!!!
As the financial year end approaches, it’s important you are well-aware of the ATO’s key focus areas this financial year. Understanding these key areas….
Small Business Energy Incentive
On 30 April 2023, the Australian Government announced it will provide businesses with an annual turnover of less than $50 million with….
Small Business Support
As part of the 2023-2024 federal budget, the $20,000 Instant Asset Write Off will give small businesses further opportunity to invest in their operations and….
ATO crackdown on rental properties
When it comes to claiming tax deductions for your rental property, the Australian National Audit Office (ANAO) determined 9 out of 10 claims….
Whats Happening With The ATO’S Newly Revised Working From Home Deductions?
Reflecting changing contemporary working habits, the ATO has revised its Working from Home (WFH) guidelines for claiming deductions.
Go shopping now!
As you would know the instant asset write off threshold of $150,000 is coming to an end on 30 June 2023 returning to its original value of….
Do you want to meet ANGIE?
If you have been wondering what the ATO have been up to behind the scenes, then this article is for you. Since 2019, the ATO have been working….
Level up with a tech boost
A new tax law is on the horizon, which sets out to assist small businesses invest in technology. Whilst the tax law is still currently sitting in draft stage….
Claiming deductions for personal super contributions
If you made personal super contributions from your after-tax income, you may be able to claim a tax deduction. The income used to make these….