Claiming self-education expenses
The value of a good education is widely accepted, and it is a common experience over one’s working lifetime to find that further learning is required along the path of one’s chosen career.
Self-employed? You could claim a deduction for saving for your retirement
A recent change to the rules around superannuation means that more Australians may be eligible to claim a tax deduction for putting money into super.
Crowdfunding and tax
Not so many years ago, the concept of raising funds via crowdfunding would more likely be seen as a way to fund community-based, local-issue or help-your-neighbour initiatives.
Three-quarter FBT year compliance check-up
As the FBT year runs from 1 April to 31 March, the months of October to December mark the “third quarter” of the FBT year, and so, as an early fix before year’s end, here is an overview of the FBT elements that can attract the ATO’s attention.
Do you need an agreement with your business partner?
Going into new business with other people is exciting and can be extremely rewarding. A formal agreement can set the ground rules and stop owners getting caught out if things don’t quite go as well as planned.