If you received the COVID-19 Disaster Payment For Individuals, there are certain things you may need to know about it. The Australian Government Provided the COVID-19 Disaster Payments to support eligible individuals who cannot earn an income. The restrictions may be due to state/territory health orders ranging from lockdowns, hotspot or movement restrictions. Recipients received […]
In the business world, employees can leave your business for various reasons. Sometimes, you may have to step in and terminate their employment (due to circumstances). At other times it could be a result of redundancy or resignation. Regardless of the how or why employers who terminate their employee’s positions must be aware of a
Are you looking for ideas on deductions for marketing professionals? Doing the numbers might not necessarily be your thing if you work in sales or marketing, especially regarding your tax. Tax time might seem like a distressing situation in that case. That’s when you can come to someone like us (a tax professional) for the
Travel, Cars, Home Office – The Tax Deductions For The Marketing Professional Read More »
Despite the many challenges that have faced many industries across the country during COVID-19’s persistence and ongoing effects, the retail sector has continued to progress through their continued, adapted operations. In this article we have a closer look a t Income and Tax Deductions a Retail Worker will need to consider when preparing their tax
Australians are always on the lookout to recoup or maximise their tax refund’s potential. One way is to spend money on assets for their business that can be ‘written off” as a tax deduction. Doing so might help make a saving on the tax that you have to pay after lodging your return. The catch
Saving Tax By Spending Money On Assets – A Good Or Bad Idea? Read More »
Did you know that the Low and Middle Income Tax Offset (LMITO) is also known colloquially as “Lamington”? Are you curious about the LMITO, and if you might be eligible for it? It might be worth starting a conversation with us about this tax offset and how you can benefit from it. The tax offset
The Small Business CGT Concessions is important to know so as to not pay more tax than what is payable / required. Small businesses are facing a set of challenges again that can make fulfilling tax obligations seem like a daunting task. However, as a small business, capital gains tax concessions on assets used to
When Does A CGT Concession Or Exemption Apply To Your Small Business? Read More »
