Are you claiming all your Rental Property tax deductions? If you own an investment property (or are thinking of purchasing one) there are many related expenses that you may be entitled to claim as rental property tax deductions. However, the expenses you can claim as rental property tax deductions can vary depending on your circumstances. They can also be […]
It’s inevitable that you have a good deal of passion for what you sell or the service you offer. After all, who starts a business they don’t care about? Of course great products and good service will stand your business in good stead, this is a given. But how do you really share that passion […]
Each of your existing clients has the capacity to bring new business to your door and it won’t cost you a cent. How? You: Provide your clients with a quality service which shows them you care about their business and are willing to go the extra mile to meet their needs. They: Are so satisfied […]
The ATO’s flexibility on SuperStream compliance deadline is 28th October The switch over is compulsory and the ATO’s 4 month flexibility on compliance will cease after 28th October 2016. Businesses failing to use SuperStream after this date will not be compliant and could face action from the ATO. If you are a small business owner […]
The ATO have been very active in raising awareness of the many types of scams and increasing the public’s knowledge of what to look out for. These ATO scammers are particularly active around tax time so we thought we’d assist the ATO in raising scam awareness by sharing some of the key characteristics to look […]
Truck driver tax deductions include expenses for training, meals, accommodation, clothing as well as maintenance and repairs of the vehicle. We often find that truck drivers don’t include some of their work related expenses because they don’t know that they can. So what are they? General equipment costs Mobile phone Tools CB radio Portable refrigerator/cooler Bedding […]
Does this sound like you? Apart from making sure you claim all the tax deductions you are entitled to, as we’ll discuss in a moment, we suggest getting into the habit of checking with your tax agent annually to make sure you’re up to date with legislative changes. Sometimes a business switches gear or changes […]
1. Listen to your body clock Our super-tip for quality time management: You know when you’re at your best. Some people are fired up in the morning, others at night. Some spring to life mid-morning or just after lunch. Whatever time of day you feel at your most productive and energetic is the […]
Are you one of them? We asked our accountants what the most commonly missed tax deductions are and they came up with the following list. Do any of these tax deductions apply to you? If so it’s time to make amends and make sure you claim every cent you’re entitled to. 1. Last year’s tax agent […]
As an employee you are eligible to claim expenses related to your particular profession. As an example, these may include exercise equipment if you’re a personal trainer, teaching aids if you’re a teacher and non-slip nursing shoes if you’re a nurse. Aside from these occupation specific expenses, there are many other work related expenses that […]
