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.
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10 Essential Tax Deductions for Doctors in Australia

Maximise your tax benefits with essential tax deductions for doctors in Australia. Learn how to claim travel, insurance, and work-related expenses effectively.
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
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Practice Update – April 2024

How to claim working from home expenses Taxpayers who have been working from home this financial year, and who consequently incurred work-related expenses, have two ways to calculate their work from home deduction: Using the fixed rate method, taxpayers can claim a rate of 67 cents per hour worked at home. This amount covers additional […]
Practice Update – March 2024

Super contribution caps to rise The big news story for those contributing to super is that the contribution caps are set to increase from the 2025 income year. This ‘CC’ cap is broadly applicable to employer super guarantee contributions, personal deductible contributions and salary sacrificed contributions. This ‘NCC’ cap is generally applicable to personal non-deductible […]
Christmas Parties & Gifts 2023

With the well earned December/January holiday season on the way, many employers will be planning to reward staff with a celebratory party or event. However, there are important issues to consider, including the possible FBT and income tax implications of providing ‘entertainment’ (including Christmas parties) to staff and clients.
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.
Proving your ongoing business viability through 5 financial reports
Proving that you’re a viable business. We’ve listed the main reasons why lenders and investors want to see solid financial statements before they invest in you.
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Practice Update -March 2023

Significant change to claiming working from home expenses Before 1 July 2022, an individual taxpayer that incurred additional deductible expenses as a result of working from home, had a choice of three methods to claim these expenses. These choices were: The shortcut method – which was available from 1 March 2020 to 30 June 2022; […]