What Tools Can I Claim on Tax?
Whether you’re a tradie, chippie or computer programmer, there are tools of your trade you can deduct from your taxable income – so what tools can you claim and how can you claim them?
Whether you’re a tradie, chippie or computer programmer, there are tools of your trade you can deduct from your taxable income – so what tools can you claim and how can you claim them?
Olympian Jo Brigden-Jones talks about her Olympic journey and side-hustle cake business that funded her dreams.
ITP Accounting Professionals, the professionals who help Australians minimise their tax and assist small business with their accounting and bookkeeping needs are proud to partner with Jo Brigden-Jones, Olympic sprint kayak champ and small business owner.
Does your business hire staff? Do you hire employees or contractors? Do you know the difference? There are reporting obligations you should be aware of when you hire the help you need. Read our short report to find out the 6 differences between employees and 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.
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.