by Val Tse | May 17, 2017 | Uncategorised
If a business racks up an interest bill from borrowing funds to pay for the expenses of running the business, or to acquire other income-producing assets or investments, this expense is generally allowed as a tax deduction for the relevant year. For business taxpayers...
by Val Tse | May 17, 2017 | Uncategorised
A recent court decision, and subsequent appeal, has ramifications for taxpayers with disabilities, and who are in need of a personal carer. The decision centres around what is or is not acceptable as a tax deduction in relation to the costs that arise with regard to...
by Val Tse | May 17, 2017 | Uncategorised
The concept of a “going concern” exemption for the purposes of the goods and services tax (GST) can still cause confusion when businesses are sold. The sale of a business may be GST exempt if the enterprise is deemed to be a “going concern” — which refers to an...
by Val Tse | May 17, 2017 | Uncategorised
Given the state of the property market in Australia these days, a not-uncommon situation can arise where a residential property owner seeks to demolish and subdivide the block containing the family home and build residential units. If you have the available land of...
by Val Tse | Apr 2, 2017 | Uncategorised
The ATO is changing pay as you go withholding cycles for some clients by Valentine Tse | 2 April 2017 From 1 July 2017, the ATO is changing some of our clients’ pay as you go (PAYG) withholding cycles. This cycle change is based on the amount the client withheld under...
by Val Tse | Jan 4, 2017 | Uncategorised
5 tips to get home office deductions right by Valentine Tse | 15 Jan 2017 You might be sick of the daily commute, or want more flexibility of hours – or it could be that you have a talent or skill and feel sure that this can translate into a fulfilling career in your...
