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Renting out part or all of your home

Renting out part or all of your home

If you rent out part or all of your home, the rent money you receive is generally regarded as assessable income. This means: you must declare your rental income in your income tax return, and you can claim deductions for the associated expenses you may not be entitled...

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How to Claim for Motor Vehicle Expenses

How to Claim for Motor Vehicle Expenses

A key topic regarding tax deductions is claiming expenses for a car. The following notes outline the most important points when it comes to claiming a deduction for motor vehicle expenses. Of course, every person’s circumstances may be different, but the following...

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2 days ago

Precision Taxation Accounting & Management have just been recognised as finalists amongst our peers in the profession and firms from across the country in the 2019 Australian Accounting Awards.

The ... See more

2 days ago
Timeline Photos

The #PTAandM Team would like to wish everyone a very Happy Easter 🐰🍫

We will be taking full advantage of the public holidays and our office will be closed from Friday 19th April through to ... See more

5 days ago
How to Bond With Your Employees Without Compromising Your Authority

Effective management is challenging, but not impossible.

Creating a workplace and culture that is open, honest, transparent and collaborative while still being fun and safe is key.

#Precision ... See more

Set expectations and communicate.

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