May, 2015
You can get a full deduction for capital expenditure on the following land care operations: eradicating animal pests; eradicating detrimental…
May, 2015
The sale of a business or enterprise can be GST free if all the conditions are met. This is referred…
May, 2015
Repairs are generally tax deductible when they relate to property which is used for income producing activities. The replacement of…
May, 2015
You can claim deductions for interest paid on monies borrowed to: Repay partners' capital contributions Pay undrawn partnership profits Repay…
May, 2015
Does your business employ family members? If so, ensure that their wage entitlements are paid up to date before the…
May, 2015
If you receive an overtime meal allowance in connection with an award or industry agreement you can claim up to…
May, 2015
If you are an eligible small business taxpayer, instead of purchasing plant, you can lease the item and negotiate an…
April, 2015
Does your trust deed allow attribution of income? If so, you might be able to distribute different types of trust income (e.g.…
April, 2015
Are you operating a business alone or in partnership with your spouse? Talk to your accountant about establishing a family…
April, 2015
You are automatically eligible for small business concessions if you are operating as an individual, partnership, company or trust that:…
April, 2015
You can claim a deduction for capital expenditure incurred in constructing income producing buildings and structural improvements such as roads,…
April, 2015
Do you have dealings with a related overseas entity? If so, you may have been caught up with the dreaded…
April, 2015
The Federal Treasurer, Mr Joe Hockey, has issued a Tax Discussion Paper which is titled Re: Think. Mr Hockey said…
April, 2015
If you have obsolete stock you may elect to value those items at lower figures if that is warranted because…