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.
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.
Hairdressers can either work as employees or run their own business. Make sure you take advantage of these seven tax deduction write offs during tax time.
Most businesses don’t even think about paying taxes on crowdfunding – that is until they’re face to face with their tax agent. There should be no surprise that with the lifting of Australian restrictions in early 2018, crowdfunding is seen as a valid way to build an income. If you earn or receive any money through crowdfunding, it is deemed assessable income and should be stated on your tax return. So, what exactly do you need to know to get it right?
Tax season is always stressful. With your taxes to handle on top of everything else, it’s easy to forget some things. Read more in the first part of our series!
Do you know what you can lodge your 2019 income tax claim? Learn how Income Tax Professionals can help maximise tax returns and keep out of trouble with the tax man. Read more today.