News

Deduction tip: Can you claim the cost of travelling to this office?

Deduction tip: Can you claim the cost of travelling to this office?

July 4, 2017

Tax time has arrived, but before you have us lodge your return here is another deduction tip — should your circumstances allow (or file this away for next income year.) The ATO recently issued what it calls a “tax determination” which more clearly spells out the circumstances of what may be an allowable claim (under…

Read more
Tactical business deductions for your end-of-year tax planning

Tactical business deductions for your end-of-year tax planning

June 11, 2014

There are various legitimate ways to go about minimising your business’s tax liability, with various straightforward tax deductions that most businesses can utilise. The general rule is that you can claim deductions for expenses your business incurs in its task of generating income. Many of these deductions are obvious – rent, materials, supplies and so…

Read more