Work Christmas parties and gifts
'Tis the season to be jolly! But ho-ho-hold up before you start making spirits bright and rewarding your employees with gifts or parties this Christmas, as fringe benefits tax may apply when providing all the trimmings. Read more on the ATO Website... more details
What you can and can’t claim
Each occupation has specific circumstances which affect what can and cannot be claimed. Here are some snippets from some ATO occupation guides. Remember, regardless of the occupation you are in, you can only claim the work-related part of expenses, a... more details
When can I access my super balance and how much?
There are a few conditions of release to be able to access a superannuation balance and the amount that can be withdrawn from superannuation. Conditions of release Attaining Preservation Age The type of pension during the Preservation age is c... more details
Investment Property Travel Expenses No Longer Tax Deductable
Did you know housing investors can no longer claim the cost of inspecting and/or maintaining rental properties as a tax deduction? This means travel costs including accommodation, car hire and flights can no longer be deducted by rental property own... more details