Small business Tax time checklists

 The ATO wants to make it as easy as possible for all small businesses to understand and meet their tax obligations at tax time. Whether you use a registered tax agent or lodge your own tax return, here are some checklists to help you this tax time.  Good record keeping  Make good record keeping a […]

Small Business

 Small business Top questions at tax time   Small businesses often ask questions during tax time. Whether you use a registered tax agent or lodge your own tax return, here are the ATO’s answers to some common questions asked each year.   What business income do I need to declare in my tax return?  When thinking about business […]

Employees working from home

 The other kind of Housework  If you’re an employee who regularly works from home, you may be able to claim a deduction for expenses relating to that work.  Running expenses  Employees who work from home can claim the work-related proportion of their running expenses. These expenses are the cost of using equipment and utilities at your […]