Archive for category: Tax
The ATO have sophisticated data matching tools which allow to identify any out-of-the-ordinary or ‘too high’ claims.... read more
If your business activity drops my suggestion is to go and talk to your accountant and they should be able to drop the amount per quarter that you have to pay.... read more
The popular instant asset write-off for small business has been extended and increased.... read more
It’s particularly frustrating for our small business clients, as they often have work-related car use or take their employees out for lunches or social functions.... read more
From 1 July 2015, the ATO reduced your options for claiming car expenses down to two methods.
As tax advisors, the coming months are the most important time of the year. If you are a small business owner, you should consider this as a vital period for you too, because right now is when you are best to conduct your tax planning.... read more
We’re two weeks out from the federal election, and it’s time to freeze.
Don’t do anything, small business people.... read more
Do you earn income overseas? A recent case highlights why you might pay more tax than you thought on foreign income.... read more