What can I claim if I rent a rental property to family?
It is fairly common knowledge that the rent you receive from a rental property is included in your tax return as income, and expenses direct
Is there a standard deduction for car expenses?
The quick answer to this question is: no.
Many tax payers use a car as a part of producing income. By the logic of the Income Tax Assessmen
What does ATO Data Checking mean for your income tax return?
Many see their income tax return as a necessary evil and attempt to play the system to their benefit.
It is important to recognise that your
What is the ASIC Annual Review?
Not everyone is good at remembering birthdays. On the anniversary of your company registration, it may seem like ASIC will give your company
Is a Donation a gift which keeps giving
It feels great to give back to the community or to a worthy cause. Everyone would have, at least once in their life, made a gift or donation
What do I do if a supplier charges GST while not registered?
There are many thousands of businesses who are registered for GST, and charge GST for their goods and services in Australia. So seeing a GST
Taxable payments annual report for Building and construction
Every business that operates in the Building and Construction industry and makes payments to contractors are required to complete and lodge
What the TPAR means for you if you're a cleaner or courier?
The ATO has extended the group of businesses which must prepare and lodge the ‘Taxable Payments Annual Report’ to include businesses which o
What are my employer obligations with Public Holidays?
Are you aware of the entitlements of your employees on Public Holidays? Each State and Territory has various public holidays throughout the
How do I allocate Rental Property Income Expenses?
Knowing how to allocate income and expenses related to rental properties that are owned by multiple people can be an important part of your
