Introduction In the world of small business, many people travel a lot for work. They often stay overnight in different places, and that can cost a lot of money. To save on these costs, some business owners buy caravans or motor homes. They might even put their business logos on these vehicles when they go … Continue reading Tax Deductions for Caravans and Motor Homes in Business Travel
Introduction: If you have a Self-Managed Super Fund (SMSF), you need to appoint an approved SMSF auditor. It’s important, and we’ll explain why and how to pick the right one. Why Do You Need an SMSF Auditor? An SMSF auditor is like a financial detective. They check if your super fund is following the rules. … Continue reading Why You Need an SMSF Auditor for Your Super Fund
Introduction Capital gains tax (CGT) can be tricky to understand, but it’s essential if you’re buying and selling assets in Australia. One way to reduce the tax you owe when you sell something valuable is through the CGT discount. In this easy-to-follow blog, we’ll break down what the CGT discount is, who can get it, … Continue reading Simplified Guide to Capital Gains Tax Discounts
Introduction Your super fund is like a special savings account for your retirement. It’s important to keep it safe. But there are some people who want to trick you into doing things that could hurt your super fund. They might try to get you to pay less tax or take out money from your fund … Continue reading Protecting Your Retirement Savings: Watch Out for Tricky Schemes Targeting Your Super Fund
Introduction Do you spend money to learn new things and improve your skills? If you do, you might be able to get some of that money back through tax deductions. While tax laws don’t specifically say you can get deductions for learning expenses, some rules help decide if you can or can’t. In this blog, … Continue reading Tax Deductions for Self-Education: What You Need to Know
Introduction In the world of business, your brand is super important. It’s not just a name; it’s what makes your business unique and trusted by customers. That’s why having a trademark is not just a legal thing; it’s a smart move that can help your business grow. In this blog, we’ll talk about what trademarks … Continue reading Protect Your Business Identity with Trademarks
Introduction GST, or Goods and Services Tax, is like a special tax on things we buy and sell. Most businesses know a bit about it, but it’s important to understand it better to follow the rules and get the most out of it. In this blog, we’ll explain GST in simple terms and give you … Continue reading Making the Most of GST: A Simple Guide
Introduction Many Australians choose to manage their retirement savings through Self-Managed Superannuation Funds (SMSFs) because it gives them more control. But lately, there have been concerns about people using SMSFs in ways that could get them into trouble with the tax authorities. One area of concern is when SMSFs get involved in property development projects. … Continue reading SMSFs and Property Development: Be Cautious
Introduction: Do you have your own retirement savings plan called a Self-Managed Superannuation Fund (SMSF)? Sometimes, it can be tricky to manage it all by yourself, especially if your plan has changed over time. This blog will give you some simple tips for taxes and managing your SMSF in 2023. Whether you’re new to SMSFs … Continue reading Easy Tax Tips for Your Self-Managed Superannuation Fund in 2023
Introduction: If you’re a business owner and you offer extra perks to your employees on top of their regular pay, then this blog is for you. These extra perks are called fringe benefits, and they can help your employees save on taxes. However, you also need to deal with something called Fringe Benefits Tax (FBT). … Continue reading What You Should Know About Fringe Benefits Tax (FBT) for Your Business
