Tax
ATO Tax Time Information - Home Office Expenses (D5)
-Running expenses
-Occupancy expenses
-Phone and internet
... read moreATO Tax Time Information - Car Expenses (D1 & D2)
Choose from 2 methods
Method 1 = Logbook
Method 2 = Cents per kilometre
... read moreTax 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 more2022 Federal Budget Summary
Compared to past years, this year’s Budget is a little bland however, it does include some ‘sweeteners’ to keep the electorate favourably disposed toward the incumbent Government, come election day.
... read moreBuying a Car
Sole traders looking to buy a car for your business read on
... read moreATO 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 moreATO Tax Time Information - Self-education Expenses (D4)
General expenses eg course fees and books
Depreciating assets eg laptop
Car expenses
... read moreATO Tax Time Information - Clothing & Laundry Deductions (D3)
Occupation specific
Protective
Compulsory uniform
Non-compulsory uniform (registered with AusIndustry)
... read moreATO Tax Time Information - Travel Expenses (D2)
Tolls
Parking
Motor vehicles (other than cars)
Local travel
Overseas travel
... read moreCar Expenses - which trips are claimable as work trips (D1)
Which trips are claimable as work trips?
... read more