Mar 1, 2023 | 2023, Small Business, Taxation, Working From Home
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022 onwards, you can choose either to...
Jun 17, 2022 | Small Business, Taxation
Organising your end-of-financial year documents now means you can get your tax completed earlier and maximise your return. Book a your tax return appointment now and rest easy knowing it’s under control. TSP Accountants are fully qualified and registered tax agents so...
May 30, 2022 | Small Business, Taxation
Common Tax Deductions for Small Business Are you claiming all the business tax deductions that you are entitled to? There are many expenses common to most small business, and there are other expenses that are specific to the nature of the goods or services that your...
May 11, 2022 | Directorships, Employers, Small Business
The thought of stepping away from your business for an extended period can be daunting, but it is important to make sure that you are prepared. Your systems should cope well enough in case something happens unexpectedly – whether this means sudden accidents or...
Apr 19, 2022 | retirement, Self Managed Super Funds, Small Business, Superannuation
This month, our Director, Deidre Molloy was featured in the April edition of Hunter Business Review presenting the information in the attached article. Download the April edition to read the full article on the HBR site here or read below! TSP Accountants Newcastle...
Apr 12, 2022 | Small Business
If you are ‘pressing go’ on your new business, what are the key elements to have in place before you begin trading? The complexity of your operational model will vary greatly, depending on the kind of business you’re setting up. A small two-person design agency will...
