Tax Return Checklist List
As predictable as season changes throughout the year, so is tax time. There are still a few months to be organised to claim as many tax deductions as you can. Here are some top tips and tricks to beat the tax man.
Tax Deductions for Contractors
Contractors can claim a wealth of tax deductions, but it’s best to understand how to claim using the methods that will reap the most benefits. Our short report outlines what these tax deductions are, and how you can claim them to maximise your tax return.
How To Claim Self-Education Expenses As A Tax Deduction
An investment in knowledge not only improves your mind and your employment prospects – it can also reduce your taxable income.
Claiming Tax Deductions On Interest, Dividends and Investment Income
Many Australians don’t just have income from wages and salary. There are many sources of income that can be earned, …
Car Parking Fringe Benefit – Will You Have To Pay?
Car spaces given to employees may incur Fringe Benefits Tax, and is calculated daily. Recent changes made to the Economic Recovery act has increased the company exemption threshold, as well as car parking spot definitions. These changes can be quite complex. Our short report outlines what these are so you’re not caught short come 21 May when businesses are required to pay their FBT obligations.
Is Your ABN Correct?
It pays to check if your business ABN is inactive or has been cancelled. There are implications for grants, government payments and business obligations.