Renovating an investment property is different to renovating your own home. Whether the renovation is big or small, you will be taking a head over heart approach and doing what will help you improve your return on investment. Claiming depreciation deductions on the assets installed during a renovation usually isn’t front of mind. However, choosing […]
In this PDF we help to outline some of the methods of reducing your taxable income. DOWNLOAD PDF HERE For example: To minimize your taxation liability for the current year, some options are: Delay deriving assessable income (i.e. payment after 30 June can mean income is treated as next year’s) NOTE: THIS MUST NOT BE […]
Taxland has prepared a basic end of year checklist for wage and salary earners. In this PDF we help to outline a checklist of what you need in order to better prepare with your accountant. It also contains a summary of the COVID-19 Stimulus. DOWNLOAD CHECKLIST HERE
Does your business employ staff? Find out what is the JobKeeper payment and whether your business is eligible. Download JobKeeper Payment FAQS
The Government will provide a one-off $750 payment to around 6.5 million social security
The Government is backing businesses to invest to help the economy withstand and recover from the economic impact of Coronavirus
The Boosting Cash Flow for Employers measure will provide up to $25,000 back to small and medium-sized businesses
Find out how residency affects your tax return. Download and view the information from the ATO
Download tips and information on how to keep records when claiming work related expenses.
If you are a low-income earner and you are an Australian resident for income tax purposes, you may be eligible for both the…