Book Keeping for Business
Benefits of Book keeping for your business Bookkeeping is often neglected which has a direct adverse effect on the business. Which can spell the difference between success and bankruptcy and …
Tax deductible Superannuation Contributions
Tax deductible Superannuation Contributions An additional concessional contributions up to your concessional contributions cap (currently $25,000) and you can claim an income tax deduction for doing it. Which means …
Instant Asset Write Off
Instant Asset Write Off- 2019 – 2020 The Federal Budget 2019 announced to give medium-sized businesses (turnover greater than $10M but less than $50M) the ability to immediately deduct …
Single Touch Payroll
Single Touch Payroll Single Touch Payroll (STP) is a new way of reporting to the ATO tax and super information that you pay for your employees. This will be effective …
Do you need to consider making Spouse Super Contributions?
Spouse Super Contributions A spouse contribution involves making a contribution to a spouse’s super fund to build their retirement savings. By contributing to your spouse’s super, you can receive a …
Do you need to consider making Spouse Super Contributions? Read More »
Small Businesses – How to Maximise Your Deductions
Ways to maximise the deductions available for small businesses
ATO on the warpath in 2018 financial year
The ATO has devoted substantial funds to extra audit activity in the 2018 financial year. Areas being targeted are..
New depreciation legislation for Australian property investors
Investors who purchase brand new residential properties and commercial owners or tenants, who use their property for the purposes of carrying on a business, are also unaffected.Owners of second-hand properties who exchanged after 7:30pm on the 9th of May 2017 will still be able to claim depreciation for plant and equipment assets they purchase and directly incur an expense on.
The nine experts you should include on your property investment team
While this can seem overwhelming at times – especially for first time investors – the good news is that you don’t have to go it alone. There are professionals whose very job it is to help you on your way. In fact, it is recommended you have a property investment team of sorts – each player with a different role to help you towards investing success.
