Tax planning is an essential aspect of financial management for individuals and businesses. It involves taking steps to minimise tax liability and maximise tax benefits, while also ensuring compliance with…
Lowering your tax bill, increasing your refund
I have been asked numerous times “what can I do to lower my tax bill”. There are various ways to do this, but it ultimately comes down to educating yourself…
Tax planning strategies before the year ends
There are several strategies that businesses can review and implement before 30 June to reduce their tax liability and improve their financial position. Here are some things to consider:…
Optimising tax deductions
Minimise your tax liability and Maximise your tax refund, by ensuring you are claiming what you are entitled to. There are various deductions available that can be claimed on your…
Changes to the way working from home deductions are claimed for 2023
The ATO has made changes to the way that working from home deductions can be claimed by eligible taxpayers for the 2023 income year.
If you have genuinely worked from…
Business Tax Planning Tips
We are nearing the end of financial year again. Here are some things to consider to reduce the tax bill or defer some of it to next year:
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Companies that pay more tax deliver shareholders better returns: Research
By Kerrie Sadiq and Bronwyn McCredie
Treasurer Scott Morrison is quick to spruik the shareholder benefits of cutting corporate tax rates further, as the usual logic goes that if a corporation pays less tax,…
In the Rush Before Tax Return Deadline, Don’t Waste Time Claiming These
With the October 31 tax lodgment deadline looming large on the horizon, many taxpayers may be scrambling to patch together a few possible tax deductions they hope to be…
Three Ways to Make Your Tax Refund Last Longer
By: Melissa Browne
More than six weeks have passed since the end of the financial year and by now many of you have completed your tax returns and are anxiously…
Congratulations, You’re a Landlord; Now Get Your Tax Deductions Straight
By: Melissa Browne
If you’re one of the many Australians who purchased a rental property during the 2016 financial year, moved out of their home and rented it out, or are…
