Month: September 2017

Checklist: Are you carrying on a business of letting residential rental properties?

This checklist can be used in order to assist an individual in whether they are carrying on a business of Read More

Checklist: 2016/17 year end — allowable deductions for individuals

Use this checklist to determine your eligibility for the most common work-related tax deductions for individuals. 2016/17 year end — Read More

Tax changes for small businesses 2016/17 year end

This is a guide only to a selection of 2016/17 year-end tax changes affecting small business   Additional entities now Read More

Travel deductions for rental properties removed

After 1 July 2017, the deductions for travel to residential rental property will be disallowed. In particular, the travel cost Read More

What is payroll tax in NSW?

Payroll tax in NSW is a tax imposed on employers and is calculated based upon the amount of taxable wages Read More

Medicare levy to increase from 2.0% to 2.5%

An increase to the Medicare levy has been announced in federal parliament on 17 August 2017. The levy for individuals Read More

Cents per kilometre claims in your tax return

Under the current rules of substantiation, the maximum distance that a taxpayer can claim without receipts for car expenses is Read More

First home super saver scheme

Individuals who are yet to purchase their first home will be able to withdraw voluntary contributions from the superannuation account Read More