Blog

Laundry expenses hung out to dry

The ATO is airing the ‘dirty laundry’ on work-related clothing and laundry expenses warning that it is closely reviewing claims.

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Signs you should consider changing business structure

 There comes a time in the lives of many businesses when it makes sense to change their operating structure. Whether you want to bring in more...

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Tax time: are you in the ATO's sights?

A consistent theme this tax time is overclaiming and under reporting. With the Australian Taxation Office (ATO) getting more and more...

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David Woods takes part in the Vinnies CEO Sleepout

Imagine you have no idea where you are sleeping tonight.

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A Labor Government on Tax & Super

Tax on investment property

In general, taxpayers are able to deduct from their assessible income any expenses they incur generating or producing...

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ATO will visit 10,000 businesses in the 2019-20 financial year

The ATO has stated they will be visiting 10,000 businesses in the 2019-2020 financial year (in particular 500 businesses in Tasmania in March).

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Why a second opinion on your taxes could save your bottom line

“If you prepared your own taxes last year, you may want to have your taxes reviewed by a second party,” advises Newcastle’s premier accounting and...

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Three ways to tell you are getting the most value out of your accountant

Some business owners make the mistake of using their accountants as a once a year service at tax time. Your accountant is capable of doing much...

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No tax deductions if you don’t meet your tax obligations

New laws passed by parliament last month directly target the behaviour of taxpayers that don’t meet their obligations. Tax deductions denied If...
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