Blog

Book your consultation with a Tax Expert Today!

Make an Appointment Today Contact Us

Tax Blog

From Peak Periods to Private Use: Mastering Deductions for Holiday Home Owner

Tax

It’s essential for property owners to understand the intricacies of deductions associated with their cherished holiday retreats. However, as the holiday season approaches, they may find that their holiday retreats become a valuable source…

Steering Clear of Tax-Related Pitfalls: The ABN and GST Fraud Alert

Tax

In the realm of taxes and financial matters, it’s crucial to tread carefully and stay within the bounds of legality. The Australian Taxation Office (ATO) recently uncovered a surge in GST refund fraud attempts, amounting to a staggering $850…

Need To Make An Adjustment On Your Return? We’re Here To Help

Tax

Making a mistake on your tax return is a common human error. The good news is that you usually have a two-year window to amend it. Whether you reported your income incorrectly, claimed non-deductible expenses, or forgot to exclude certain income,…

Logbooks: One Of The Best Methods For Claiming Vehicle Expenses On Your Return

Tax

As a business owner, one of the perks is the ability to claim tax deductions for expenses related to motor vehicles used in your business operations. This includes cars and certain other vehicles that play a role in running your business smoothly.…

Your Tax Obligations After A Natural Disaster

Tax

As Australia braces for another bushfire season, it’s crucial to be prepared for a range of challenges, from evacuation plans to emergency-go-bags. Amidst all the chaos, you might wonder if your tax obligations should be a top priority. While…

How To Correctly Claim A Website As A Business Expense?

Tax

Designing, creating and maintaining a website for your business can be complicated. Using the right people, though, can be one of the best decisions you can make. This is why many of today’s small businesses employ the services of a web developer…

Am I Eligible For The Small Business Technology Investment Boost?

Tax

Could your small business claim a 20% bonus deduction on technology expenditure that supports their digital operations or the digitisation of their operations? The small business technology investment boost is a broad measure intended to cover…

Get Prepared For 31 October – What Income Do You Need To Declare?

Tax

If you haven’t finalised your tax return, you need to do so before October 31 2023. However, sometimes the form can be daunting, particularly if you’re unsure what to declare regarding income. Certain types of income must be declared on…

What Income Is Considered Exempt In Your Income Tax Return?

Tax

Are you looking at the approaching 31 October deadline for individual income tax returns with plenty of questions? Don’t worry – your trusted tax professionals are here to help. One of the more common questions we encounter around this time…

Taking Away The Cryptic from Cryptocurrency

Tax

The popularity of the digital currency known as crypto often leads to many questions when it comes to tax time. However, it’s encouraged that you speak with your accountant about your obligations as soon as possible to be prepared for what…

Thirty-Five Items Can’t Be Claimed On Your Returns – Here Are The Most Common

Tax

Special provisions in tax law provide that certain items will never be tax-deductible. Even if you have incurred this expense in earning your income, they will still not be tax-deductible. In total, there are 35 different items explicitly mentioned…

How Connected Are You In The World Of Tax?

Tax

In the realm of tax law, a critical concept revolves around understanding the notion of “entities connected with you.” This concept serves as a linchpin in several aspects of taxation, from determining one’s status as a Small Business…