Financially fit

Is your business financially fit?

Claiming depreciation Bendigo

What can you claim when renovating?

More and more Australian investors are choosing to renovate their investment properties before leasing them out. However, investors who live in the property while renovating risk missing out on thousands of dollars in property depreciation deductions. Read more

Guide to travel related work expenses

Travelling for work can be expensive, whether it’s visiting customers in your home town or attending a conference overseas, so it’s important to claim everything you are entitled to in your tax return, keeping in mind that the Australian Taxation Office (ATO) is paying increasing attention to claims in this area. Read more

Bendigo

Claiming vehicle expenses as a small business

It can be hard to navigate the rules around vehicle deductions if you’re a small business owner. Whether you use an accountant or lodge your own tax return, this information will help you when claiming deductions for motor vehicle expenses for your business. Read more

Tax time tips for property investors

 

Tax time is here! We have five tips to ensure you maximise the deductions for your investment property. Read more

ATO approved logbook apps

If you use your own car for performing work related duties (including a car you lease or hire), you may be able to claim a deduction on your tax return for vehicle expenses.

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Car expenses on the ATO radar

With almost 4 million Australians making work-related car expense claims, the Australian Tax Office (ATO) has the practice in its headlights. Not only are they on the lookout for people wrongly claiming, but they are also armed with enhanced technology to check these claims. Read more

Commonly missed deductions

Depreciation is a complex area, so unless you’re a specialist quantity surveyor or a qualified tax accountant, it can be hard to understand. Read more

Proposed changes for negative gearing and Capital Gains Tax

Negative gearing is set to be a key issue in the upcoming federal election.

If elected, Labor intends to reform the practice with the aim of improving housing affordability. The Coalition intends to leave negative gearing as is.

But what is negative gearing, how does it work and what exactly are the changes Labor has proposed? Read more

Changes to GST at settlement

Since 1 July 2018, buyers of new residential premises or potential residential land may now be required to withhold an amount from the purchase price and pay that amount to the Australia Taxation Office (ATO) on or before property settlement. Read more