Dear Clients In response to Tropical Cyclone Alfred, several Australian banks have initiated support measures to assist affected customers in Queensland and Northern New South Wales. Here’s an...
1. Disaster Recovery Payment (DRP) Eligibility: Available to individuals whose property was significantly damaged or affected by Cyclone Alfred. Amount: $1,000 per eligible adult and $400 per child...
1. Drought Loan https://www.ric.gov.au/loans/drought 2. AgriStarter Loan https://www.ric.gov.au/loans/agristarter 3. Drought Infrastructure Fund https://www.raa.nsw.gov.au/loans/dif 4. Upgrade your...
Few things to consider: 1. Avoid paying private expenses from a company bank account 2. Repay the amount to company by the lodgement due date of the company tax return 3. Create a commercial Div 7A...
Few are some common deductions available to medical practitioners (considering that these expenses have direct relation to their work): 1. Car expenses 2. First Aid training courses 3. Home office...
1. Work-from-home expenses 2. Self-education expenses 3. Income protection insurance 4. After tax personal super contributions 5. Laundry/Uniform expenses 6. Telephone & Internet expenses 7...
Are you confused whether building a new dwelling in your backyard and selling the original dwelling will trigger CGT implications or not? Did you know that you can use your investment property as your...
1. Income Averaging to even out income and tax liabilities across 5 years 2. Immediate deduction for landcare operations such as drainage work to prevent erosion 3. Immediate deduction on fencing and...
Answer is Yes!!! Things you should do If your employer pays you cash: 1. Declare cash as income on your tax return. 2. Receive a payslip showing earnings and tax withheld. 3. Get an annual income...