Deductions

Motor Vehicle Expenses

ATO Information

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( Posted in: Partnerships )

ATO Tax Time Information - Home Office Expenses (D5)

-Running expenses

-Occupancy expenses

-Phone and internet

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( Posted in: Individuals )

ATO Tax Time Information - Car Expenses (D1 & D2)

Choose from 2 methods

Method 1 = Logbook

Method 2 = Cents per kilometre

... read more

( Posted in: Individuals )

Tax Planning - Trusts

Tax planning is the process of estimating your current year's taxable income and tax payable and taking steps to minimise this. 

It involves these 4 steps.

... read more

( Posted in: Trust )

Buying a car

If you operate a Company or a Trust read on

... read more

( Posted in: Business )

Buying a Car

Sole traders looking to buy a car for your business read on

... read more

( Posted in: Sole traders )

March 2022

  • The Key Ingredients for Business Success - Part 3
  • Great Teams Build Great Businesses
  • Winning Website
  • Video, Technology & Software
  • Customer Database and CRM system

Marketing Essentials for Business Start-Ups

  1. Branding
  2. Website
  3. Social Media

 

... read more

( Posted in: Newsletters )

ATO Tax Time Information - Employees working from home during COVID-19 (D5)

Running Expenses

-fixed rate method

-actual expenses

-short-cut method (COVID-19 only)

... read more

( Posted in: Individuals )

ATO Tax Time Information - Self-education Expenses (D4)

General expenses eg course fees and books

Depreciating assets eg laptop

Car expenses

... read more

( Posted in: Individuals )

ATO Tax Time Information - Clothing & Laundry Deductions (D3)

Occupation specific

Protective

Compulsory uniform

Non-compulsory uniform (registered with AusIndustry)

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( Posted in: Individuals )

ATO Tax Time Information - Travel Expenses (D2)

Tolls

Parking

Motor vehicles (other than cars)

Local travel

Overseas travel

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( Posted in: Individuals )

Car Expenses - which trips are claimable as work trips (D1)

Which trips are claimable as work trips?

... read more

( Posted in: Individuals )