Renting out a spare room can be a great way to earn some extra cash, particularly with the help of Airbnb and similar online services. However, it’s easy to overlook... read more →
Individuals can claim tax deductions when giving gifts or donations to organisations that have the status of deductible gift recipients (DGR). To be eligible to claim a tax deduction for... read more →
The ATO is targeting those who rent out their property for a few weeks during the year but claim a full year’s worth of tax deductions. The tax office will... read more →
Designing, creating and maintaining a website for your business can be complicated. This is why many of today’s small businesses employ the services of a web developer and designer to... read more →
Business owners and employees who travel internationally for business-related trips can claim travel expenses as a tax deduction. If the overseas travel is for personal and business-related purposes, the business-related... read more →
Businesses that are run from home can claim deductions on their tax return. 1. Cost of room’s utilities These claims must be apportioned and if the portion is based... read more →
As the holidays approach many businesses are planning for Christmas functions. During this time, employers should be thinking about tax deductions and the fringe benefits tax (FBT). Employers often... read more →