What Are The Key Tax Dates For 2024?
With the new year fast approaching, taxpayers would be wise to begin organizing their records and diaries for the key dates ahead on the Australian Taxation Office’s calendar.
Search Results for: tax deductions
What Christmas Expenses Are Tax Deductible?
‘Tis the season for spreading goodwill…and claiming tax deductions! Did you know some Christmas gifts and expenses for your small business could be tax deductible?
Can You Claim Holiday Travel As A Tax Deduction?
The end of the year is in sight. It’s a time for festive cheer and for many people to take a well-earned break. Although you can’t claim your private holiday as a tax deduction, if you combine both work and private time, you may very well have expenses that can be claimed.
How to Report Fringe Benefits Tax as an Employee
Not all perks attract fringe benefits tax, but some do. These benefits will need to be reported when you lodge your tax return. Read on to discover precisely how fringe benefits are reported and what your obligations are as an employee.
Are You A Member Of A Professional Organisation For Work? How To Claim These Fees And Pay Less Tax
By properly understanding the taxation rules around professional memberships, you could potentially reduce your taxable income and take advantage of an often overlooked tax deduction available to self-employed individuals and businesses.
Are Advertising Expenses Tax Deductible?
Does understanding how to claim advertising and marketing expenses for your small business have you scratching your head? Let’s take a look at how you can make these expenses work for you at tax time: