28 March 2021
Are Jobkeeper Repayments Tax Deductible

Are Jobkeeper Repayments Tax Deductible?

The end of the month will see the end of the Jobkeeper payment scheme from the government. Eligible businesses who choose to voluntarily repay an amount […]
19 March 2021
Easy ways for your Small Business to Stay ahead at Tax Time

Easy ways for your Small Business to Stay ahead at Tax Time

As an employee in a business, often there are perks that can come with the job. A company car, fuel money, perhaps some technology to help […]
12 March 2021
Possible Claims From Self Education

Possible Claims From Self-Education

Individuals who partake in self-education may be able to claim a deduction for their expenses if the education is related to their work or if they […]
4 March 2021
The pre mixed investment options that are available to you

The pre-mixed investment options that are available to you

Salary packaging allows you to create a ‘package’ of income and benefits. In your salary package, you can include benefits that you would usually pay for […]
25 February 2021
Do you need to be paying luxury car tax

Do you need to be paying luxury car tax?

Luxury car tax or LCT is a 33% tax on cars that have a value (including GST) above the set threshold. However, the tax is only […]
18 February 2021
Which records you need to keep for the rental properties you own

Which records you need to keep for the rental properties you own

When you own a rental property, keeping records is important. These will help you meet tax obligations. Generally, only individuals with their names on the title […]
15 February 2021

3 amounts not classified as income

Amounts which are not classified as income are split into 3 categories. Exempt income This is income that you do not pay tax on, although, some […]
4 February 2021
Tax treatment of insurance payments for damaged property

Tax treatment of insurance payments for damaged property

The Australian weather can be unpredictable, resulting in intense weather conditions. Bushfires, severe storms or floods can cause personal properties and assets a lot of damage. […]
28 January 2021
Trustees and beneficiaries registering for tax in trusts

Trustees and beneficiaries registering for tax in trusts

Trusts have their own tax file number (TFN) that should be used to complete tax returns. Trusts are also able to apply for an Australian business […]