Maximising Tax Deductions for Your Home-Based Business
Maximise your home-based business tax deductions with our guide. Learn about deductible expenses, calculation methods, and ATO guidelines.
Managing Tax and Business Expenses as an Self-Employed
Working for yourself or running your own business? Setup robust systems for business expenses & tax requirements so you can focus on your important tasks. We can help take the headaches out of your business accounting.
#freelancelife #taxtalk #smallbusinesstips
2024–25 Federal Budget Highlights
The 2024–25 Federal Budget is out, here are the highlights sharing what you need to know for you financial year ahead
#FederalBudget2024
Small Business Instant Asset Write-Off This Financial Year
Are you looking to purchase assets for your business? Eligible businesses can spend up to $20k per asset and immediately claim the tax deduction and GST. Talk to us about the best strategy for purchasing business assets.
Practice update -April 2023
New 15% super tax to apply from 1 July 2025
The Government recently announced it will be imposing a 15% additional tax on individuals that
have more than $3 million in superannuation. The new measure is expected to commence from
1 July 2025 (i.e., the start of the 2026 income year).
How much is our work taxed in Australia compared to other countries?
How much tax do Aussie employees pay compared to employees in other countries? We take a look at the latest OECD report – and find out how Australia compares to the OECD average.
Practice update_July
ATO’s small business focus for 2022 income year The ATO announced that it will be focussing on the following matters for small business tax returns for the 2021/22 year: – Deductions that are private in nature and not related to business income, as well as overclaiming of business expenses (especially for taxpayers running a home-based […]
Get Your Business Records Ready for Your Tax Return 2022
Organising your end-of-financial year documents now means you can get your tax completed earlier and maximise your return. Book a your tax return appointment now and rest easy knowing it’s under control.
Tax Tips for small businesses 2022
This year it’s important to get your records and tax return correct because of the continued unusual business circumstances. Talk to us and we’ll help make tax time easy and make sure you’re claiming all that you can for your business.
Tax Tips for Individuals 2022
Are you making the most of allowable tax deductions? Individuals can claim for general work-related expenses as well as occupation-specific expenses and working from home. Book a time to prepare for your 2022 tax. We’ll help maximise your return.
