Meet Philip, a hard-working Australian who uses his car for work purposes. Like many taxpayers, he was unsure of how to maximise his tax deductions for his work-related car expenses. However, with the...
2023/02/20 u6u8
Filing personal tax returns can be a daunting task for many Australians. With the Australian Taxation Office (ATO) changing tax laws and regulations every year, it can be challenging to keep up with w...
2023/02/19 u6u8
Record keeping is a critical component of running a successful small business in Australia. Proper record keeping can help you keep track of your finances, make informed business decisions, and meet y...
2023/02/18 u6u8
The cost of repairs and maintenance may be deductible in full in the year you incur them if:the expense directly relates to wear and tear or other damage that occurred as a result of renting out your...
2021/11/07 u6u8
Tax invoices for taxable sales of less than $1,000 must include enough information to clearly determine the following seven details: - that the document is intended to be a tax invoice -&nbs...
2019/02/16