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Archive for category: Tax

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Self-education: What can you claim?

What can be claimed for self education? We break down the dos and don’ts of claiming education expenses. Make sure your claims align with your work for the best tax benefits.

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 Self-education: What can you claim?
( Posted in: Tax )

The ‘Airbnb’ Tax

Short stay, big tax: What Airbnb hosts need to know. Property investors using Airbnb-style rentals are about to face a new tax in Victoria, Australia. Learn how this tax will affect your short-term rental income and what similar measures might be on the horizon.

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 The ‘Airbnb’ Tax
( Posted in: Tax )

30% tax on super earnings above $3m

Proposed Superannuation Tax Changes: Draft legislation increases tax rate on above $3m super balances. Those impacted should assess their personal impact. Stay tuned for updates.

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30% tax on super earnings above $3m
( Posted in: Tax )

Which PAYG instalment method best suits your needs?

Picking Your PAYG Instalment Method: Explore PAYG instalment methods, from rate-based calculations to fixed amounts, with real-life examples. Optimise your tax management and cash flow.

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Which PAYG instalment method best suits your needs?
( Posted in: Tax )

Do you know your FBTs?

Let’s talk FBTs, Know the Impact on Employee Perks! Discover which benefits could trigger Fringe Benefits Tax (FBT) and how to navigate it effectively. Stay in control of your business’s financial well-being!

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Do you know your FBTs?
( Posted in: Tax )

Salary sacrifice reporting and activity statements

Mastering Salary Sacrifice Reporting. Discover the ins and outs of STP Phase 2’s impact on reporting employee year-to-date amounts. Stay compliant and informed with this essential information for employers!

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 Salary sacrifice reporting and activity statements
( Posted in: Tax )

Using business money for private purposes: 2 steps to take

Cracking the Code: Using Business Funds for Personal Use? Navigate the path of using business funds for personal use. Stay compliant and in control of your finances!

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Using business money for private purposes: 2 steps to take
( Posted in: Tax )

Cereal crime: Are you charging GST correctly on food and breakfast products?

Demystifying GST on Breakfast Products: Are You Charging Correctly? Explore the nuances of GST for food items, including those with seeds or nuts. Stay compliant and avoid surprises. Don’t miss it!

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 Cereal crime: Are you charging GST correctly on food and breakfast products?
( Posted in: Tax )