Aug 13, 2021 | COVID-19, Taxation
Most people would think that money provided by the Government to support people and business during a crisis would be tax free? Otherwise, it’s like giving money with one hand and then taking it away with the other, isn’t it? But, the tax laws don’t work like that. To...
Jul 30, 2021 | COVID-19, Employers, Taxation
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your employer, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed. If you are claiming your...
Jun 1, 2021 | Superannuation, Taxation
The end of the 2020/21 financial year is fast approaching and with company tax rates for eligible small businesses to reduce from 26% to 25% there is an additional incentive to undertake some tax planning before it is too late. With eleven months of the financial year...
May 24, 2021 | Employers, Taxation
Need a new van to deliver more orders? New machinery to ramp up production? Purchase the tools for the new apprentice? Or maybe new computers to keep up with technology? As we approach the end of financial year, there is still time to benefit from the Australian...
Feb 19, 2021 | Cryptocurrency, Taxation
TSP offer some considerations and tax implications. Cryptocurrency in the form of BitCoin began circulation approximately 10 years ago. Since then thousands of currencies have hit the market, including “blockchain” technology, the infrastructure driving the...
