Blog

Money Doesn’t Come Without Guidance ...

Blog Image
24
May

CLAIMING DEDUCTIONS FOR MANAGING TAX AFFAIRS

You may be thinking of managing your tax affairs. Australian Taxation Office (ATO) will provide you deduction for the costs incurred in the process. You can claim a deduction on expenses, including: ...

Read More

Blog Image
24
May

WHAT ARE THE GENERAL DEPRECIATION RULES FOR CAPITAL ALLOWANCES?

You usually apply the general depreciation rule when you want to calculate the depreciation deduction for most of your assets. The general depreciation rules help you to calculate the amount that can ...

Read More

Blog Image
24
May

WHAT IS AUSTRALIAN BUSINESS REGISTER (ABR) AND HOW DO YOU UPDATE IT?

The Australian Business Register (ABR) is a nationwide database of all the registered businesses and other organisations of Australia who register for an Australian business number (ABN). The ABR help...

Read More

Blog Image
24
May

WHAT IS RIDE-SOURCING AND WHAT ARE THE GST CONSEQUENCES IN PROVIDING RIDE-SOURCING SERVICES?

What is ride-sourcing? Ride-sourcing is an ongoing arrangement where a third-party facilitator provides a technology platform to facilitate a transaction between a driver and a passenger. The arrang...

Read More

Blog Image
24
May

HOW CAN YOU DO TRUST TAX RETURNS FOR A DECEASED ESTATE?

Under Australian law there are no death duties, however, income and some capital transactions may be taxed as a result of a person’s demise. Tax consequences may differ from the perspective of the: ...

Read More