tax deduction

Instant Asset Write-off for Small Businesses

Instant Asset Write-off for Small Businesses

28th May 2019

Recently there have been some changes to the Instant Asset Write-Off threshold for small businesses. What is Instant Asset Write-Off? • Assets which cost less…

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Updates on Claiming Home Office Running Expenses

Updates on Claiming Home Office Running Expenses

9th April 2019

Does your employer require you to perform your work duties at home and this is your principal workplace? Are you an employee who occasionally works…

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Deductions for specific industries & occupations

Deductions for specific industries & occupations

19th March 2019

Claiming work related deductions reduces one’s tax payable – and it is human nature to want to claim as much as you can. Whilst we’ve…

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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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Let the festivies begin! Christmas Party & Gifts!

Let the festivies begin! Christmas Party & Gifts!

4th December 2018

Fringe Benefit Tax (FBT) & Christmas Festivities Gifts It is a great idea to reward your employees’ hard work throughout the year. However don’t get…

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Personal Super Contributions – Tax Deduction

Personal Super Contributions – Tax Deduction

10th March 2017

Changes to your Personal Superannuation Contribution. Previously, there were restrictions on individuals claiming a tax deduction for their own personal superannuation contributions. The major one…

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