Some business owners, especially those who are just starting out, operates their business from home. There are many benefits to running your business from home…
Business owners, sometimes suppliers will offer a discount if you pay in cash for their goods and services. This may seem like a win but…
Are you currently renting out a room or your whole house on short term basis such as Airbnb or Stayz? If you answered yes, did…
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…
ATO crackdown on work related claims – better be safe than sorry! It is that time of the year again where we need to gather…
Your business Christmas entertainment (party & gifts) are income tax deductible if they are subject to FBT. However, there would also be tax that is…
