- Property ·
The controversial case of the taxpayer who claimed a loss on their home
Explore the intriguing case where a taxpayer claimed a loss on a home sale as a tax deduction, challenging standard…
Tax Deduction Archive
The 120% deduction for skills training and technology costs
It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement…
- Tax ·
Last Chance To Apply As COVID-19 Tax Deduction Deadlines Approach
Tax deductions introduced by the Australian Taxation Office to lessen the impact of COVID-19 are approaching the end of their…
- Tax ·
How Much Can I Claim on My Motor Vehicle?
If you're using your personal car for work purposes, you may eligible to claim the expenses associated to this. Find…
- Tax ·
Did someone say there are tax cuts coming?!?
1 July 2018 is the start date for the seven year income tax plan announced in the recent 2018-19 Federal…
- Tax ·
THE GREAT AUSTRALIAN NIGHTMARE – Part 2
In Part 1 of the Great Australian Nightmare I alluded that those people growing a small business and creating at…
- Tax ·
TAX DEDUCTIONS IN DANGER
A recent Parliamentary Inquiry into Tax Deductions created some fairly sensational headlines about what and how deductions are being claimed…
- Property ·
Main Residence Exemption – The Burden of Truth
I would expect that the majority of property owners and investors have heard something about the “six year main residence…
Have you made a capital gain this financial year?
If you find yourself with a capital gain this year because you sold an investment property or some shares, it…
- Tax ·
Are you paying more tax than you need to?
What can you do to reduce your tax and the tax paid by your business? The answer is quite a…
- Tax ·
Tax Planning for 2016/17 Financial Year
April is a vital month for tax and superannuation planning. With 9 months of the financial year locked away significant…
- Tax ·
Income Protection Insurance Tax Deductions
Recently a client came in to complete their tax returns and during the process we found that the income protection…
