Blog

Read our summary of the 2019-20 Federal Budget

This is a Budget not only designed to showcase the return to surplus (and by default the Government’s economic credentials) but engage voters with initiatives to make them feel like they are more prosperous. A massive infrastructure spend adds to this sentiment.

Single Touch Payroll being rolled out for all businesses

Single Touch Payroll (STP) was introduced on 1st July 2018 for all businesses with 20 or more employees. The laws to extend the Single Touch Payroll (STP) reporting requirements so they apply to all employers with less than 20 employees has now passed the Senate and will be Law.

Considering buying staff and client Christmas gifts?

The holiday season is nearly upon us, and business owners may be thinking about hosting Christmas parties or buying gifts for their loyal staff and customers. Read on for general information on the deductability and FBT implications of providing employee gifts and entertainment .

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.

Read our 2018-19 Federal Budget Summary

Reward for work is a dominant theme in this year’s Budget. The seven year personal income tax plan initially targets low to middle income earners before making significant changes to the tax brackets.

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?

Making sense of car expenses

One of the most popular expense claims at the end of a financial year would have to be related to car usage. But it could also be one of the most misunderstood.

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.