Every small business owner wants their business to thrive, but it can be tough to keep the money coming in the door while staying on top of all the necessary paperwork. Read more
The secret to a successful business is to make sure you are not just working IN your business but that you are also working ON your business. As we settle into the new financial year, there’s no better time to give your business a financial fitness check.
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
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
If you’re a small employer with 19 or fewer staff, the countdown to your first Single Touch Payroll (STP) report has already begun. Read more
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 is here! We have five tips to ensure you maximise the deductions for your investment property. Read more
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.
The 2019-2020 Federal Budget (Budget) has been delivered with Treasurer Josh Frydenburg announcing a ‘back in the black’ Budget, supporting a stronger economy and secure future for Australia. Read more
Automotive dealers are calling on the federal government to step in to address a power imbalance between large car manufacturers and independent auto retailers amid concern businesses are resorting to desperate measures to stay afloat. Read more