Rental property audits
Tax office to double audits of ‘dodgy’ rental deductions Rental property owners are being warned to ensure their claims are correct this tax time, as the ATO has announced it Read More…
Smart ways to give
Planned giving For many people, there are opportunities throughout each year that lend themselves to give gifts to show their appreciation of family and friends. It’s also a good time Read More…
Claims for home office expenses
Claims for home office expenses increased The ATO has updated the hourly rate taxpayers can use to determine deductions for home office expenses from 45 cents to 52 cents per Read More…
Instant asset write off
Legislation proposed to increase instant asset write-off threshold Using the simplified depreciation rules, assets costing less than the instant asset write-off threshold are written off in the year they are bought and used, or Read More…
Christmas Parties & Gifts 2018
Year-end (and other) staff parties With the well earned December/January holiday season on the way, many employers will be planning to reward staff with a celebratory party or event. However, Read More…