Blog

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.

A small tax cut!

Finally, some good news on the tax front – a small rate decrease for some of us. In the May 2016 Budget, it was announced that tax thresholds would rise for the middle tax rate. As of 1 October 2016 this will take effect.

Co-owning a property

Property ownership is something that most Australian's aspire to, however as housing prices rise affordability falls making the dream, in many cases, just that – a dream.

Cash flow an issue?

One of the most common issues faced by small businesses is cash flow. As a small business you are extremely reliant on your customers to not only pay you, but to pay you on time.

Building your business

So you've started a business and you are starting to gather new customers, but is there a secret to not only maintaining momentum, but building it as well?

Business or hobby?

In years gone past, work was work and a hobby was something you did in your spare time. But in recent times the lines between the two have blurred somewhat.