Going Overseas? Here’s What This Means For Your Tax

Going Overseas? Here’s What This Means For Your Tax

Most people’s “to-do” list when they are planning a trip overseas will likely include items such as travel insurance, phone chargers or taking photos of their passport — but probably the last thing on anyone’s minds will be their likely tax situation before, during or...
Low and Middle Income Tax Offset

Low and Middle Income Tax Offset

Before the last election, the Federal government promised a series of tax cuts and economic stimulus measures. One of these was an offset to benefit Low to Middle-Income earners. This new offset called the “Low and Middle Income Tax Offset” is now law....
Deductions – Fact v Fiction

Deductions – Fact v Fiction

There can be varied sources for some of the myths about tax deductions —pub-talk, BBQ-banter, your hairdresser, the guy at work, what your Uber driver’s girlfriend’s mother said. We sort out fact v fiction. At the start of this year’s tax season, we saw...
Taxing Australia – 2019 Election

Taxing Australia – 2019 Election

There is only a short time before the Federal Election on 18 May 2019, and there’s a lot of wild speculation and “fake news” in the media. We’re not trying to recommend whom you should vote for, but instead, we believe that it is vital that our clients understand how...
Taxation statistics 2016-2017

Taxation statistics 2016-2017

Who doesn’t love a good statistic? It’s even better when they are taxation statistics. Each year the Australian Tax Office publishes an annual report on taxation statistics that provide valuable information about the financial state of our country. The...
Boost to instant asset write-off

Boost to instant asset write-off

The budget’s boost to instant asset write-off is now law Federal Budget night announced an increase in the instant asset threshold, and also an extension of which businesses could access the measure. Now the Treasury Laws Amendment (Increasing and Extending the...