Can I claim this?
When it comes to claiming deductions for expenses in your Tax Return we usually go through a check list and ask you several questions regarding….
Tax Deduction
No, you can’t claim that!
Have you ever wondered what some of the more unusual tax deduction requests are? Trust me, we’ve heard a few. Obviously we’ve kept names out….
Is It Food And Drinks Or Entertainment?
Are you claiming legitimate deductible food and drink expenses or are you providing non-deductible entertainment? Unsure? Read on…
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….
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 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….
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….
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….