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24
May
  • Posted By : Administrative
  • Category: General Tax Topic
  • Comments: 0

WHAT ARE THE DEATH BENEFITS FOR THE DEPENDENTS OF THE DECEASED?

After a person passes away, his dependent beneficiary or trustee of the deceased estate will receive a payment for the deceased’s death benefit. This payment should be made soon after his/her death....

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24
May
  • Posted By : Administrative
  • Category: General Tax Topic
  • Comments: 0

EXPLAIN THE DIFFERENT TYPES OF CROWDFUNDING

To finance projects and/or business ventures, one can raise capital using the crowdfunding method. Fundraisers can collect such capital from a large group of people via online platforms, charity event...

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24
May
  • Posted By : Administrative
  • Category: Deductions
  • Comments: 0

CLAIMING DEDUCTIONS FOR TOOLS, EQUIPMENT AND OTHER ASSETS

Did you purchase any equipment, tools and other assets throughout your taxable year? If yes, then you have a chance to claim a deduction from your taxable income. You can claim a deduction for those t...

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24
May
  • Posted By : Administrative
  • Category: Deductions
  • Comments: 0

HOW CAN INDIVIDUALS CLAIM DEDUCTIONS ON MOBILE PHONE, INTERNET AND HOME PHONE EXPENSES?

If you are using your own phone and internet for work purposes you can claim a deduction if you paid for these expenses and have the proper records to prove it. But if you use your device for both per...

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24
May
  • Posted By : Administrative
  • Category: Deductions
  • Comments: 0

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: ...

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