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Tax

Why Is End Of Year Planning So Important?

Business planning is a key element to success.  Businesses with a formal business plan perform far better than those that don’t, and with good reason.  If you know where you want to get to, there is far more chance of getting there with a plan.

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 Why Is End Of Year Planning So Important?
( Posted in: Tax )

Preparing For Your Rental Property’s Tax Deductions

Property is a solid investment opportunity for those looking to increase their financial security. If you are a landlord, you may be looking for ways to reduce your tax liability this year. This may assist you in turning your property’s cash flow from a negative into a positive.

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Preparing For Your Rental Property’s Tax Deductions
( Posted in: Investment Property )

2022 End Of Financial Year Checklist

Maximise your tax deductions for the 2021-22 financial year by conducting a thorough review of your records. But to do that, you need to know where to start. Here are some of our top tips for businesses and individuals when it comes to year-end tax planning.

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 2022 End Of Financial Year Checklist
( Posted in: Tax )

Last Chance To Apply As COVID-19 Tax Deduction Deadlines Approach

Tax deductions introduced by the Australian Taxation Office to lessen the impact of COVID-19 are approaching the end of their eligible timeframe.  To ensure that you or your business do not miss out, here are some of the deductions you could claim at the end of this financial year (if eligible).

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 Last Chance To Apply As COVID-19 Tax Deduction Deadlines Approach
( Posted in: Tax )

It’s 2022 fringe benefits tax time

It’s 2022 fringe benefits tax (FBT) time! In this article we outline some of the things you need to be aware of to help you lodge.

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It’s 2022 fringe benefits tax time
( Posted in: Tax )

Are your donation claims tax-deductible?

The ATO have advised to check your paperwork before claiming deductible contributions.

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 Are your donation claims tax-deductible?
( Posted in: Tax )

Temporary Full Expensing | Small Business Asset Write-Offs

Let’s talk about Temporary Full Expensing (TFE). What is TFE? What assets can I write-off? What date do you need to apply by? Pat answers all of these questions in this informative short video.

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Temporary Full Expensing | Small Business Asset Write-Offs
( Posted in: Tax )

Immediate Deductions Extended

Legislation passed by Parliament last month extends the Temporary Full Expensing rules to cover assets that are first used or installed ready for use by 30 June 2023.

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Immediate Deductions Extended
( Posted in: Tax )