Tax Cuts 2019: Understanding Scott Morrison’s $1080 Tax Bonus
In the 2019-20 Federal Budget, the Government announced changes to tax offsets which became law and will affect all Australians. What are those changes and what do they mean for you?
5 Smart Tips for Small Business Tax Time Claims
Come tax time, many small businesses are not taking advantage of the many eligible claims you can make. The EOFY is a key time to make sure your books are in order, invest in your own business and take a snapshot of where your business currently stands to maximise your tax return.
Tax Deductions for Self Employed: Know What You Can Claim at Tax Time
Running your own business is tough enough without the added pressure of organising your financial records come tax time. There are ways to make it easier and streamline the process. Knowledge is power. If you know what you can and can’t claim, you’ll not only be well and truly organised, you’ll be able to maximise your tax return. After all, it’s about paying less tax than you have to.
9 Ways Fitness Trainers Can Trim Their Tax
Being in the fitness industry means you have to stay fit. Make sure your books are in peak condition as well with these tips from The Income Tax Professionals.
Payroll Tax Cut for NSW Businesses
It’s good news. The NSW government has recently cut taxes for small to medium-sized business by adjusting the threshold on payroll tax. Nearly 40,000 small businesses in NSW are now up to $8,175 better off per year following a second cut to payroll tax in 12 months.
6 Top Tax Deductions for Construction Workers and Tradies
Construction workers and tradies have their fair share of tax deductions they can claim – but are you claiming everything you’re entitled to? Read more here.