October 2022
Do you know what business expenses you can claim?
You can generally claim a tax deduction for most expenses you incur, as long as: the expense relates directly to earning your business’s assessable income you only claim the business-use portion of an expense that's for a mix of business…
Embracing change
‘Never let a good crisis go to waste’- Winston Churchill The past few years have ushered in changes to the way we live, work, and conduct business - at a pace previously unheard of. What has been termed the ‘new…
Crackdown on GST fraud
The ATO is cracking down hard on GST frauds after finding a significant number of taxpayers falsely claiming GST refunds. The Serious Financial Crime Taskforce and Australian Federal Police (AFP) have executed numerous warrants against suspects, with a GST fraudster recently jailed for three…
Wills and powers of attorney
A good estate plan will help make sure your wishes are carried out when you die. It can also help if you become unable to make your own decisions. Estate plans An estate plan records what you want done with…