Treasury has released figures showing high income earners claim the biggest tax breaks for self-education expenses, but small business says …
I am a new business earning a small income of around $32,000 per annum. With my tax being approximately $6000, my write-off expenses a…
I understand the basics that a small business would receive the 50% rebate, but how does it affect subsequent years’ depreciation? Is the…
If I make a new investment under the 50% tax break, and this investment is a substantial one, it is possible the 50% is more than the annual…
How to minimise your business tax burden Every business is different, so an exhaustive list of what is tax deductible will vary. The follo…
The taxman has a new year gift for us to look forward to, writes TERRY HAYES, but after that the reality of a tough 2009 begins. Th…
Taxpayers use a number of strategies when trying to avoid penalties. ROBERT RICHARDS looks at some of the options, and gives his recommendat…
Why do we have super? Essentially, it was started by Labor governments in the 1980s to be retirement savings for Gen-Xers (and other generat…
Treasury secretary Ken Henry has suggested Australia may abandon tax returns and move to simpler forms of business taxation, including a tax…
Sea-lovers seeking to make some money by renting out their boats may no longer be able to claim their vessel as a tax deduction. Sea-lovers…
Dear Aunty B,
I recently did an extension to our building and put it down as repairs to claim an immediate deduction.
Now I …
