Blog

The two types of Rental Property expenses you can claim

If you own an investment property and earn rent from it, of course you'll be wanting to claim any expenses you incur while earning said rental income. Unfortunately, the ATO has some pretty strict rules as to what expenses you can claim, and when. Read on for some detailed information on the types of rental property expenses you can claim as tax...

Do you work from home? There’s a tax deduction for that

As our globalised world becomes increasingly connected, more people are working from home. Therefore you should be able to claim a portion of the expenses incurred by working from home as a tax deduction. Just make sure you can prove your claims, because the ATO is always looking out for dodgy home office deductions.

Make note of the 2018 / 19 financial year due dates

As our globalised world becomes increasingly connected, more people are working from home. Therefore you should be able to claim a portion of the expenses incurred by working from home as a tax deduction. Just make sure you can prove your claims, because the ATO is always looking out for dodgy home office deductions.

Top Tips to Reduce Your Tax This EOFY

Paying a lot of tax is an indication that you have a healthy income, but you obviously would like to reduce your tax payable as much as possible. Keep reading for some tax-saving tips before this end of financial year.

The benefits of online payment services

For small business owners, having good cash flow can sometimes be the most important thing on their minds. If the business is strapped for cash, owners can spend valuable time worrying about how they're going to pay employees and creditors when they should be focused on growing their business.

The benefits of having an ABN

If you, like many others, do a little extra work on the side or even have your own weekend business to bring some extra money in, do you know how to calculate those profits when tax time rolls around? One of the easiest ways is to obtain an Australian Business Number, or ABN.

Which Business Structure is Right for You?

Whether starting a new business or contemplating changing your current business model, it is important to choose the right structure to enable the best management of your business. Various tax implications, costs, and personal risks and liabilities associated with each business model are important to consider when choosing how best to structure...

Happy End of Financial Year!

Today's the day! The End of Financial Year is here and we're sure you have plenty of things to do. Below are details of important lodgement deadlines and tasks you must complete in the next few weeks so you're ready for the 2018 financial year. We also wanted to let you know about and some new information we've uploaded to our Resources page for...

2017-2018 Federal Budget Update

We at Stone Accountants & Advisors are here to help you make smart financial decisions now so you can have a beautiful financial future. One way we do that is through careful tax planning! If you haven’t met with us yet, now is the time to contact us to arrange a tax planning meeting, so we can help you limit your tax payments, and grow your...