Sep 22, 2023 | 2023, Small Business, Taxation
Are you looking to purchase assets for your business? Eligible businesses can spend up to $20k per asset and immediately claim the tax deduction and GST. Talk to us about the best strategy for purchasing business assets. If your business is eligible, it may benefit...
Aug 18, 2023 | Capital Gains Tax, Deductions, Investment Property, Land Tax, Taxation
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications. Many small-scale developers often assume that their tax...
Aug 7, 2023 | 2023, Budget 23/24, Taxation
The ATO has been shifting its focus on taxpayers with outstanding tax lodgments and debts recently. Fin out how to avoid being penalised at the increased penalty rates in 2023–24. Announced as part of the 2023–24 Federal budget, increased funding has been provided to...
Jul 28, 2023 | 2023, Taxation
With the start of the new tax year upon us, please do not forget about your final tax obligations for 2023. Here is a list of key tax dates for July and August 2023. For most of you, this means finalising your general ledger accounts in order to get the necessary...
Jun 6, 2023 | 2023, Small Business, Taxation
As the current financial year draws to a close, it is time for businesses to consider thevarious tax planning options and strategies available to them. Below are examples of tax saving strategies available to small businesses: Temporary full expensing Temporary full...
