Instant asset write-off – June 2014
Guidance on how to deal with instant asset write-off uncertainty — at last – June 2014 As most small businesses know, the previous government introduced…
Deductions – Business and Capital Expenditure
Read MoreInstant asset write-off – June 2014
Instant asset tax write-off and vehicle depreciation reduction – April 2014
Draft legislation closely tied to the repeal of the Minerals Resource Rent Tax (MRRT) has been cleared by the lower house of Parliament and if…
Common fuel tax credit mistakes–November 2013
Five tips to avoid common fuel tax credit mistakes The Tax Office has issued advice regarding fuel tax credits after it noticed some errors creeping…
Carry-forward tax losses–November 2013
Carry-forward tax losses Got a carry-forward tax loss burning a hole in your business’s pocket? Don’t get too creative if you’ve thought how handy it…
Loss carry back–August 2013
Hurrah! Loss carry-back measures finally law Businesses can rejoice in the fact that the much talked about loss carry-back measures were finally passed by Parliament…
Tax and working from home- July 2013
Tax and working from home: What you need to know The ATO usually views expenses associated with a person’s home as those of a private…