ATO warnings! 

The ATO has released a guide called Don’t be a dummy with your deductions which is intended to serve as a warning to taxpayers as people start thinking about preparing their 2017 tax returns. The guide sets out the following 11 items that are often claimed, but in...

Are you paying more tax than you need to?

  Timing is everything What can you do to reduce your tax and the tax paid by your business? The answer is “quite a bit”. You just need to do some planning before 30 June.  Here are our top tips:   Businesses Accelerate deductions If your...

Deductions

The Handbag vs Briefcase deduction debate If a man can claim a briefcase as a tax deduction why can’t women claim their handbags? After all, men often have a lot of personal items in their briefcases and working women are just as likely to carry their iPads,...