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Archive for category: Tax

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What’s ahead for 2024-25? Tax, Wages, and Business Trends

What’s ahead for 2024-25? This article delves into tax changes, wage adjustments, and business trends, helping you navigate the year ahead effectively.

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 What’s ahead for 2024-25? Tax, Wages, and Business Trends
( Posted in: Tax )

$20k instant asset write-off passes Parliament

Explore the $20k instant asset write-off for 2024 and learn how small businesses can leverage this tax benefit for eligible asset purchases, enhancing cash flow.

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 $20k instant asset write-off passes Parliament
( Posted in: Tax )

Work Clothing Deductions for 2023-24

Find out how to handle work clothes deductions for the 2023-2024 tax year. We’ll show you what you can and can’t claim so you can get the most out of your tax refund with our easy-to-follow guide.

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 Work Clothing Deductions for 2023-24
( Posted in: Tax )

The essential 30 June guide

The essential 30 June guide highlights key opportunities to maximise deductions and outlines risks to avoid ATO scrutiny. Learn how to bring forward deductible expenses, bolster superannuation, make charitable donations, and ensure compliance with tax regulations.

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 The essential 30 June guide
( Posted in: Tax )

ATO fires warning shot on trust distributions

The ATO has issued a warning about trust distributions, urging trustees to review and comply with their trust deeds. Learn the key areas of concern and how to avoid penalties by ensuring your trust distributions are valid and properly managed.

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 ATO fires warning shot on trust distributions
( Posted in: Tax )

What’s changing on 1 July 2024? Major updates & benefits

Explore the significant changes coming on 1 July 2024, including personal tax cuts, superannuation increases, and energy relief credits for households and businesses. Stay informed on how these updates will impact you.

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What’s changing on 1 July 2024? Major updates & benefits
( Posted in: Tax )

How much is my business worth?

We often hear ‘How much is my business worth?’ Explore factors that define your business’s value and ways to increase it effectively.

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How much is my business worth?
( Posted in: Tax )

2024-25 Budget Breakdown: How It Affects You and Your Wallet

Dive into the Budget 2024-25 with our comprehensive breakdown. From tax cuts to energy bill relief, find out what’s in store and how it directly impacts your finances.

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2024-25 Budget Breakdown: How It Affects You and Your Wallet
( Posted in: Tax )