by Marketing | Jun 1, 2021 | Tax Deductions Checklist, Tax Saving Strategy, Uncategorized
We are always looking for ways to add value to our clients. We are: Generous with our time. Friendly Qualified and experienced team. We take time to show clients all the little things that help keep them out of any ATO compliance traps. And…there are a few for...
by Marketing | Jun 1, 2021 | Tax Deductions Checklist, Tax Saving Strategy, Travel expenses, Uncategorized
If you are a police officer, here is a checklist of the tax deductions you may be able to claim on your personal tax return. TAX WARNING – The ATO considers the following expenses are NOT deductible: Conventional clothing – “Plain Clothes”...
by Marketing | Jun 1, 2021 | Income Tax - Individuals, Motor vehicle expenses, Tax Deductions Checklist, Tradies, Uncategorized
A deduction is allowable if the travel relates to the transportation of bulky equipment rather than to private travel between home and work and is supported by case law. To establish that the deduction is allowable, the employee’s circumstances must meet two...
by Marketing | Oct 22, 2020 | Tax Deductions Checklist, Tradies, Uncategorized
Key rates: Small business depreciation — Summary of instant asset write-off thresholds Purchase date or date asset first used (or installed ready for use) for a taxable purpose Threshold From 1 January 2021 $1,000 12 March 2020 to 31 December 2020 $150,000 2 April...
by Marketing | Sep 7, 2020 | JobKeepr, Uncategorized
JobKeeper has been an enormous success and extremely helpful for many small businesses. However, JobKeeper version 1 is nearing its end date, followed, thankfully, by the JobKeeper extension, set to take effect on 28 September 2020. WHAT IS JOBKEEPER EXTENSION There...
by Marketing | Apr 14, 2020 | JobKeepr, JobSeeker, Stimulus 3, Stimulus Package 1, Stimulus Package 2, Uncategorized
The Queensland Government provides a rental grant to Queensland residents who have lost their jobs due to Covid-19 and have no access to other financial assistance. Queensland Government COVID-19 Stimulus Measure The grant is a one-off payment of up to 4 weeks’...
