The general rule is that you can claim deductions for expenses your business incurs in its task of generating assessable income. Many of these deductions are obvious – rent, materials, supplies and so on — but there are also some less obvious options left available just before the end of the income year, should your circumstances suit, to further reduce your enterprise’s tax burden for the year.

Read more in our June 2017 Newsletter

Given the state of the Australian Property Market in Australia these days, a not-uncommon situation can arise, where a residential property owner seeks to demolish and sub-divide the block containing the family home and build residential units.

Continue reading in our MAY 2017 NEWSLETTER .....

A recent case to the Administrative Appeals Tribunal (AAT) brought into focus a growing phenomenon, that you should keep in mind for work related or business expense deduction claims, especially where the acquisition of claimable assets is made in a certain way.

Continue reading in our APRIL 2017 NEWSLETTER