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Offset VS Redraw For Property Investors
It's a tricky decision for many, so our property expert has given some advice on what will be best for you.
... read moreNAB Bucks The Trend
National Bank announced today that it will not change its Standard Variable home loan rate from 5.24% p.a.
... read moreThe History of Accounting Software for Small Businesses
Grab yourself a cup of tea or a coffee, folks. The history of accounting software is below.
... read moreTax Obligations For Car Sharing
The ATO has flagged these car sharing service platforms and believes that, by using their sophisticated data matching systems, they can identify where sharing platforms are being used to generate income.
... read moreSmall Businesses Do Need Tax Guidance
We’re glad to hear the head of the ATO, Chris Jordan, has come out recently and commented on tax obligations for small business people. It’s very complex, but so important that small business people get it right.
... read moreCan I Claim Travel Expenses For My Rental Property?
Travel expenses relating to inspecting, maintaining, or collecting rent for a residential rental property cannot be claimed as deductions by investors. The travel expenditure is also not recognised in the cost base of the property for CGT purposes.
... read moreBig Four To Implement Out-Of-Cycle Rate Hike
Westpac Bank will increase variable interest rates for both residential owner occupied and investment loans, despite the RBA keeping the cash rate on hold for the past two years at 1.5%.
... read moreTime Is Up For Dodgy Accountants
We absolutely love that the ATO has singled out the presence of about 500 dodgy tax agents in the Aussie tax community. The ATO assistant commissioner, Adam Kendrick, has recently spoke about these dodgy agents eating into market share of good quality, well trained tax agents…
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