by MRG Redshaw | Nov 15, 2017 | Alerts, Tax
Legislation was introduced into Parliament on 7 September 2017 to reduce income tax deductions for passive investors in residential rental properties for travel expenses and depreciation of assets used in those properties. Subject to passage of the legislation from 1...
by MRG Redshaw | Sep 20, 2017 | Tax
The Five Important Changes to FBT Fringe Benefits are an important part of the business and can be a very useful way of attracting quality employees. However, if you are going to provide fringe benefits to your employees or are already providing benefits to your...
by MRG Redshaw | Jun 28, 2017 | Tax
To help you better organise your documents and information needed to complete your 2016/17 tax return, we’ve sourced a helpful tax checklist based on the information from etax.com.au to ensure you claim ALL your tax deductible expenses. Individual Tax...
by MRG Redshaw | Jun 22, 2017 | Alerts, Tax
For the 2016-17 financial year, the small business concession eligibility has changed. From 1 July 2016, you are a small business entity if you are a sole trader, partnership, company or trust that: Operates a business for all or part of the income year; AND Has an...
by MRG Redshaw | Jun 22, 2017 | Tax
Tax time 2017: Sharing economy, dodgy deductions and property investors face ATO crackdown 11 Dodgy Deductions – According to the ATO, these are the things you probably can’t claim: Trips between home and work. Generally you can’t claim a deduction for these...
by MRG Redshaw | Jun 22, 2017 | Tax
Do you know the tax deductions and offsets for which you might be eligible? The following tips may help you to legitimately reduce your tax liability in your 2016-17 return. Claim work-related deductions Typical work-related expenses include employment-related...
