Car salary packages and the deductibility of after-tax running costs
Including a car in a salary package is a popular remuneration arrangement, and doing so as part of a salary sacrifice package will often give…
Deductions – General
Read MoreCar salary packages and the deductibility of after-tax running costs
Home office deductions: What substantiation will the ATO accept?
Home office expense claims are subject to the same general substantiation requirements as other deductions – that is, it is a requirement that records should…
Extending the festive cheer (in a tax efficient way)
The festive season is here again, and as with other years it is always brimming with the spirit of giving. The list of practical ways…
Travel to a workplace: What’s in, what’s out
A recurrent topic of conversation and enquiry when it comes to possible tax deductions is when taxpayers travel to a work location, and the eligibility…
Home renovations: Overlooked tax deductions for investors
Many investment property owners may be missing out on valuable property depreciation entitlements, simply by not being up-to-speed on what is and is not depreciable.…
Work-related travel expenses: Why are they on the ATO’s radar?
An area where we see individuals getting it wrong as employees is in relation to claiming work-related travel expenses. The absence of hard and fast…