Owners of rental properties that are being rented out or are held available for rent can claim immediate deductions…
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We have outlined below a number of suggestions that may assist you to legitimately minimise your tax for the year.
Please note the following suggestions are of a general nature only and should not be relied upon without seeking personal advice. We recommend you contact our office to assist you with your own specific tax planning requirements.
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This years’ Federal budget saw the government introduce the low and middle income tax offset.
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A new version of MYOB AccountRight (version 2018.1.1) has recently been released.
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Providing benefits can be a great way to recognise and reward your employees’ contribution to your business, but you should remember that some benefits or perks are subject to Fringe Benefits Tax (FBT)
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Scams are becoming more inventive and difficult to detect. New scams continue to emerge trying to retrieve personal information. We are urging our clients to be cautious of any emails or phone calls that they receive from people claiming to be from either Australian Taxation Office (ATO) or Australian Securities and Investments Commission (ASIC).
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