New Rules for Claiming Home Office Expenses
Key Points Home office expenses will be a target of the ATO this year, and new rules have changed how these are claimed, including increased record keeping requirements that you need to be aware of.
Introducing Our Budget With Tax Estimator Spreadsheet
BUDGET FOR YOUR TAXES One of the most important things a business can do is budget for their taxes. We’ve all gone through the pain of getting to the end of the quarter or year
EOFY 2023 – SMSF’s
Aside from your home, your superannuation will likely be the largest asset you have – so using it wisely should be a high priority. It also provides great tax benefits that should be taken advantage
EOFY 2023 – Payroll
EOY PAYROLL REQUIREMENTS Employers have the obligation to perform certain actions at the end of a financial year to comply with the Law. The most obvious is the requirement to produce group certificates for employees
EOFY 2023 – Trusts
Trusts are largely unchanged, but the ATO has indicated that they will be looking to ensure that the people actually receiving the money from a trust are the people paying tax on that money –
EOFY 2023 – Companies
Companies have some specific rules that only apply to them – both commercially and from a tax point of view. This article focuses on changes and tips that apply only to companies. For more general
EOFY 2023 – Businesses
Tax Laws (and associated Laws) are changing constantly, which makes it difficult for small business owners in particular to keep track of everything they need to know. Complying with the rules is hard enough, let
EOFY 2023 – Individuals
Individuals always go through the most amount of changes when it comes to tax Law and associated rules. Many of these are subtle (such as minor changes to rates and thresholds), and some that are
EOFY 2023 – Tax Planning
We all want to pay as little tax as possible, but it doesn’t happen by accident As we get close to the end of the financial year, it’s usually the perfect time to take stock