Month: September 2017
Checklist: Are you carrying on a business of letting residential rental properties?
This checklist can be used in order to assist an individual in whether they are carrying on a business of … Read More
Checklist: 2016/17 year end — allowable deductions for individuals
Use this checklist to determine your eligibility for the most common work-related tax deductions for individuals. 2016/17 year end — … Read More
Tax changes for small businesses 2016/17 year end
This is a guide only to a selection of 2016/17 year-end tax changes affecting small business Additional entities now … Read More
Travel deductions for rental properties removed
After 1 July 2017, the deductions for travel to residential rental property will be disallowed. In particular, the travel cost … Read More
What is payroll tax in NSW?
Payroll tax in NSW is a tax imposed on employers and is calculated based upon the amount of taxable wages … Read More
Medicare levy to increase from 2.0% to 2.5%
An increase to the Medicare levy has been announced in federal parliament on 17 August 2017. The levy for individuals … Read More
Cents per kilometre claims in your tax return
Under the current rules of substantiation, the maximum distance that a taxpayer can claim without receipts for car expenses is … Read More
First home super saver scheme
Individuals who are yet to purchase their first home will be able to withdraw voluntary contributions from the superannuation account … Read More