According to the Australian Taxation Office, there are three ways to claim your home office running expenses. The actual cost method Under this method, your tax deductions include the actual costs of work-related expenses. This applies to things such as the costs of your home office furniture and fittings, as well as equipment such as… Read More
The Federal Treasurer, the Hon. Josh Frydenberg MP, delivered the 2019 Federal Budget on 2 April 2019. As widely predicted, the announcement included a range of tax cuts for both individuals and businesses. The Treasurer also announced increased funding for regulators to encourage tax and superannuation compliance, a number of positive changes to superannuation,… Read More
Congratulations to Orange Harness Racing Club on another successful Carnival of Cups held on Sunday 10th February, 2019.
Article written by Robert Watson/ Watson and Sons Advisory If you have kids, teaching them how to manage their money is your job. We want you to enjoy your parenting, and we want your kids to enjoy managing money. So here are our top tips for teaching kids about money. Understand that they are watching… Read More
The threat of a full-blown trade war has escalated in the last few weeks with the G7 Meeting ending in disarray over US Tariffs on imports of steel and aluminium from its allies and more importantly President Trump threatening Tariffs on (so far at least) $US450bn of imports from China, and China are threatening to retaliate. … Read More
How we can use legitimate tax deductions to minimise your taxes. The Clock is Ticking……… Once again we are at the end of another financial year. The key items that we all need to consider before 30 June, 2018 are as follows: Key Superannuation Points to Consider; Superannuation Contributions This year… Read More
There are only four ways to grow a business: Increase the number of customers Get them coming back more often Increase the average spend Improve the effectiveness of every business process A local art gallery worked with their accountant to improve profitability significantly by running a series of quarterly themes through the year. Before each… Read More