Businesses that operate from home can claim deductions for expenses incurred when carrying out income-producing work. Business owners can claim deductions for a number of expenses including: Room utilities The... read more →
Capital losses Selling poor performing assets may enable you to bring forward a tax loss that can be offset against any capital gains made throughout the financial year. Write-off bad... read more →
SMSF trustees will need to forego investments such as vintage cars, fine art and wine collections as new rules around collectables and personal use assets come into effect from 1... read more →
Staying on top of your records all year round can save time, prevent unnecessary stress and help maximise a small business’s tax return. Although record-keeping can seem like a monotonous... read more →
Small businesses considering selling assets such as property or business goodwill should revisit the potential CGT concessions available to minimise their tax bill. There are four CGT concessions that small... read more →
The ATO has begun issuing letters to rental property owners in popular holiday locations whose rental income was lower than expected. In the lead up to the end of financial... read more →
Meetings, although necessary, can be time-consuming, ruin productivity and are a cause of frustration for many. Running effective meetings is a key managerial skill which is essential to effective decision... read more →
LinkedIn is not just a tool employed by large firms; small business owners can also build their business network, gain exposure and acquire new customers by utilising this social platform.... read more →
We have pleasure in enclosing a summary of the significant announcements from the Federal Government's 2016 Budget. There are a great deal of changes in this budget. Like in recent... read more →
Knowing your target market can help differentiate your business from competition, tailor your marketing efforts to better meet customer needs and potentially boost sales. A broad target market that tries... read more →