Negative gearing is arguably the most generous tax break available to Australian property investors. Whether you’re an established property investor or contemplating purchasing your first investment property, you may care to familiarise yourself with the way that negative gearing works. A property is considered to be negatively geared if the... read more →
Apr
01
Mar
27
Over two million motor vehicle records are set to be examined in an attempt to identify noncompliant taxpayers. Records for the sale, transfer and registration of vehicles valued at over $10 000 will be scrutinised for the 2013- 14, 2014-15 and 2015-16 financial years. These records will be provided by... read more →
Mar
18
The end of the FBT year is fast approaching, and employers may notice that their FBT bill is running a little higher than usual so how do you go about minimising your FBT bill? The reason for this is that the FBT rate has been raised from 46.5% to 47%,... read more →
Mar
11
There a number of reasons that you may want to host a great business event on behalf of your business. For example, you might be holding the launch for a new product, farewelling a staff member, or hosting an educational event. Events such as these can be a great chance to network,... read more →
Mar
10
HOAX WARNING: Payroll Tax Emails & Malware The NSW Office of State Revenue (OSR) is aware of a fake scam targeting payroll tax clients. OSR advise that if you receive an email that is not from an official OSR email address, do not open any links and just delete it.... read more →
Mar
06
Business insurance can be a tricky area to navigate. Being under-insured can spell the death of a small business, but, on the other hand, it is all too easy to end up paying insurance premiums that are too high. This can place a significant drain on your business’s valuable resources.... read more →
Mar
02
There are a number of things that you can do to make your workplace a productive environment. While it is extremely important to consider interpersonal issues that may impact productivity, you should make sure that you don’t neglect the physical work space. Here are our top tips for boosting productivity:... read more →
Feb
23
There are four CGT concessions that can be applied to the sale of small business assets. These concessions can be extremely effective in reducing your tax liability. It is in the interests of all business owners to be aware of the compliance issues surrounding these CGT concessions as it may... read more →
Feb
20
Effective and reliable record keeping is extremely important for small businesses. Maintaining organised records will help you to meet your tax obligations and will be extremely helpful in the event that you get audited. A good record keeping system can also help you to monitor and reflect on your cashflow,... read more →