What tax deductions can I claim working from home?

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

Federal Budget 2019: What it means for you

  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

Tax Planning 30 June 2018

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

Art gallery improves profitability by understanding four ways to grow any business

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