The ATO announced a new streamlined way to claim working from home expenses. From 1 March to the 30 June 2020 you’ll be able to claim 80 cents per business hour for each person working from home, but will this result in your biggest tax return?
There are a large number of tax deductions that can be made if you work in the factory industry. Do you know what you can and can’t claim?
COVID-19 has brought many changes to the Australia work force – as well at schools. Although students are slowly returning …
COVID-19 has indelibly changed the economic and taxation landscape in 2020. How does this affect your tax time deductions and claims?
Do you have a side hustle? It’s a great way to earn a little extra money, but beware of the unintended tax implications you might be obligated to pay.
You want your business to grow and you know you need to hire an accountant to take things to the next level, but perhaps the cost of hiring someone has held you back from making that decision. However, it might be time to look at it another way – instead of the costs, hiring a good accountant might mean much more in savings than you might originally think.