deductions

Claiming deductions on work related clothing

Claiming deductions on work related clothing

12th March 2019

Did you know that not every work related clothing expense is tax deductible? To be able to claim, the type of work clothing must fall…

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Giving gift cards as Christmas present to your employees? Beware, not all gift cards are tax deductible!

Giving gift cards as Christmas present to your employees? Beware, not all gift cards are tax deductible!

18th December 2018

Are you planning to give your employees a gift card this Christmas? To be deductible the total given needs to be under $300 per employee…

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Residential Rental Property Owners

Residential Rental Property Owners

14th August 2018

Are you a residential rental property owner and about to prepare your rental schedule for your individual tax return? Before you finalise your schedule, make…

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Motor Vehicle Travel Deductions

Motor Vehicle Travel Deductions

15th May 2018

Following on from last week’s work related deduction tip, the ATO has just announced that they are closely examining deductions for motor vehicle travel. The…

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Work Related Deductions

Work Related Deductions

15th May 2018

ATO crackdown on work related claims – better be safe than sorry! It is that time of the year again where we need to gather…

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Rental Depreciation Claim

Rental Depreciation Claim

3rd May 2018

Are you a property investor claiming depreciation as a deduction? If so, do you know that there is a new amendment relating to depreciation claims…

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