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Have you had a change in creditable purpose for GST reporting purposes?

by Val Tse | Nov 5, 2018 | Business, GST

Sometimes your business may end up using an asset you purchased, such as a property for example, in a way that is different to what you had originally planned. It pays to remember that if you claimed GST credits for assets that have had their intended use change from...

Your claim for a business tax loss can be denied

by Val Tse | Aug 6, 2018 | Business, Business Loss

Business owners are naturally keen to be able to absorb a business loss as a tax deduction, but it also pays to not stray too far from the generally accepted rules regarding tax losses — there are circumstances where the ATO is legitimately able to deny such claims....
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