Owning a rental property can be a great way to build wealth, but it also comes with a range of tax responsibilities.
As a landlord, understanding what you can and can’t claim as a deduction is key to maximising your return while staying…
When it comes to private company loans, Division 7A of the Income Tax Assessment Act 1936 plays a critical role in ensuring shareholders or associates don’t receive tax-free distributions disguised as loans. However, there are common misconceptions…
If you’re working from home and plan to claim a deduction for your phone and internet expenses, it’s important to understand how to correctly calculate and support your claim—especially if you’re using the actual cost method.
Under…
https://jlnollerandco.com.au/wp-content/uploads/2025/07/Tax-How-to-Prove-Work-Related-Use-of-Your-Phone-When-Working-from-Home.jpg4751000Web Editorhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngWeb Editor2025-07-17 09:28:592025-07-17 09:28:59How to Prove Work-Related Use of Your Phone When Working from Home
As the 2025-26 financial year kicks off and the 2024-25 ends, it heralds the start of another tax season of receipt-chasing, deductions and paperwork.
Whether you’re lodging your return early or waiting until the October deadline, understanding…
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Many people ask us a simple question: “Am I paying more tax than I should?” More often than not, the answer is yes.
Each year, millions of taxpayers end up paying more than necessary.
Tax laws are intricate and ever-changing, making…
It’s crucial to be aware of significant changes affecting businesses with outstanding tax debts.
Effective from 1 July 2025, the Australian Taxation Office (ATO) will no longer allow the deductibility of General Interest Charges (GIC)…
If your business operates through a family trust, it’s important to stay informed about how trust distributions are taxed, especially as we approach the end of the financial year.
The ATO continues to monitor trust distributions closely…
From tax returns to business planning, setting up a trust, and much more, we’re the team you can rely on for clear answers and effective solutions.
As one tax year closes and another begins, now is the ideal time to seek our assistance in…
https://jlnollerandco.com.au/wp-content/uploads/2025/06/The-End-Of-Financial-Year-Nears-Let-Us-Help-During-The-Transition.jpg4751000rtdadminhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngrtdadmin2025-06-08 14:00:172025-06-08 14:00:17The End Of Financial Year Nears – Let Us Help During The Transition
As your business rapidly transitions through stages of development, navigating these changes can present steep learning curves.
Once you’ve established a repeat client base and consistently attract new business through marketing, referrals,…
https://jlnollerandco.com.au/wp-content/uploads/2025/05/Structuring-Your-Business-for-Growth_-Why-It-Matters.jpg4751000rtdadminhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngrtdadmin2025-05-07 13:47:552025-05-07 13:47:55Structuring Your Business for Growth: Why It Matters
Finding the right accounting firm can be a game-changer for your small business.
Whether seeking expert guidance on financial matters or needing help with tax compliance, partnering with the right accountant can make a significant difference.
…
https://jlnollerandco.com.au/wp-content/uploads/2025/04/10-Ways-To-Identify-If-A-Firm-Is-Right-For-You.jpg4751000rtdadminhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngrtdadmin2025-04-03 15:39:192025-04-03 15:39:1910 Ways To Identify If A Firm Is Right For You
As a successful business owner, you understand that reducing costs is key to maintaining profitability. One area where we often see untapped potential is in tax minimisation.
What Is Tax Minimisation?
Despite how it may sound, tax minimisation…
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Did you know that the Fringe Benefits Tax (FBT) Year doesn’t align with the standard financial year? Fringe benefits must be reported for the year ending March 31, and the deadline for this year’s FBT return is fast approaching. While the…
https://jlnollerandco.com.au/wp-content/uploads/2025/02/Providing-FBT_-Find-Out-How-We-Can-Help.jpg4751000rtdadminhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngrtdadmin2025-02-06 09:16:482025-02-06 09:16:48Providing FBT? Find Out How We Can Help