Alec Brandon

SMSF Saving for your Retirement SMSF – Saving for your retirement can be a cause of concern for many people, particularly if you’re over 45, self-employed and thinking that your superannuation balance may not be enough to support you in the lifestyle you’re accustomed to living. That being said, a a promising solution would be […]

$20,000 Asset Write Off Things You Need to Know about the Immediate $20,000 Asset Write-Off If you’re a small to medium business in the eyes of the ATO, there are various concessions available to you. One of the most, if not most beneficial concession, is the increase the threshold in the write off of assets, $20,000 […]

Your Guide About Negative Gearing There has been so much news about negative gearing lately, yet you may not be aware of all that it implies. You may feel the need to change the channel of your TV every time the news associated with it comes up. Do not fret. We have Your Guide About […]

CLAIMING PHONE EXPENSES (MOBILE PHONE, INTERNET AND HOME) If you have been claiming phone expenses (mobile phone, home phone and internet expenses) as work-related deductions, the ATO now require additional evidence to substantiate these claims. If you want to claim more than $50 as a deduction, you need to keep a record for a consecutive period […]

When is the right time for tax planning When is the right time for tax planning? As tax agents we often get taxpayers contacting us between July and the normal due date of 15 May the following year.  Income is established and tax calculated when the tax payer askes the question ‘how can I reduce […]

Tax Structuring This time of year is normally a good time to start planning to take advantage of deductions and strategies with a view to keeping tax to a minimum come financial year end. Lets explore tax structuring. It’s also not a bad time to give some consideration to accumulating wealth for the longer term […]