by abbey | Jun 20, 2019 | Articles
Small businesses can claim an immediate deduction for most depreciating assets purchased after 12 May 2015 and first used or installed ready for use for a business purpose: from 7.30pm (AEDT) on 2 April 2019 until 30 June 2020, if they cost less than $30,000 each from...
by abbey | May 3, 2016 | Articles, Blog
2016 tax time will be here in two months, there will be changes for income tax returns, and there will be some points that we need to pay attention to. The ATO will both change and introduce several rules this year: Car expenses – tax deduction rules From 1...
by abbey | Apr 13, 2016 | Articles, Blog
The Australian Taxation Office (ATO) has advised it will be commencing a series of random audits on 2015 and future tax returns in the hopes to gain back the estimated $3 billion in lost revenue. The plan is to target deliberate tax evaders, as well as those...
by abbey | Feb 9, 2016 | Articles, Blog
Are you still using paper-based accounting systems for your business? Did you know there are many accounting software programs on the market that can help you with your bookkeeping? It not only saves your time but keeps a more accurate record. Some people may be...
by abbey | Jan 11, 2016 | Articles, Blog
Fireworks have burnt out and the festive season has faded away. We’ve all returned to work and the daily routine, with our resolutions ringing in our heads. Did you vow to have a better and easier 2016 like most people across the globe? Did you know you are...
