Accounting & Tax

The ATO has signaled their intent to penalize last lodgment of Bas and tax returns very heavily. In the hope of recouping funds provided during Covid they are looking to

Introduction Many people don’t understand what laundry and clothing deductions can be claimed. Generally, clothing must be logged or protective, and conventional clothing will not qualify eg a suit worn

One of the most common mistakes made by property investors when completing their annual tax return is confusing repairs, maintenance and improvements. It’s important to understand and distinguish each deduction

The deadline for Director Identification Numbers is approaching. If you are a company director and have not yet obtained a DIN please take action ASAP.   How to apply for

Cyber threats are spreading widely across small businesses. According to Cisco, more than 50% of small and medium-sized enterprises (SMEs) were targets of cyber incidents. SMEs become victims mainly due

The ATO may report your business tax debt to credit reporting agencies if the following criteria are met: You have an Australian business number (ABN) and are not an excluded

This article will explore the types and nature of expenses that can be claimed as a deduction by Self- Managed Funds (SMFs). There are certain types of expenses that can