Looking to expand and grow your business can be both an exciting and stressful time. A number of our clients are looking to do just this, but are unsure as to what elements of their business to assess prior to moving forward with the expansion. We have decided to put together a quick list of […]
What are PAYG Instalments?
If you are a company, run business or have non salary income (like investment income), you may have come across what is called Pay-As-You-Go Instalments, better known by the shortened name, PAYG Instalments. This is a system that has been put into place by the ATO that creates quarterly, sometimes monthly, payments that is put […]
What are some financial considerations I should take before deciding to retire?
When you begin to approach the age of retirement, questions often begin to pop up about your financial future. One of the biggest and most pressing questions that you should consider is your ability to support yourself for an extended period of time. While you should have a money in Super and possible access to […]
Phone, internet and home phone expense claims
The ATO has issued an information sheet setting out new requirements for taxpayers claiming phone and internet expenses. Where taxpayers use their own phone or internet for work purposes and paid these costs themselves, they may be able to claim a deduction for the cost, providing they have the necessary records to substantiate those claims. […]
What is Medicare Levy?
One of the benefits of living in Australia is the public healthcare system. In order to finance this benefit to the public, the government has created what is called a Medicare levy. The Medicare Levy is a 2% levy on your taxable income which is collected as part of the tax system. This amount is […]
What Can I Claim as a Deduction?
When it comes to deductions on a tax return most people want to claim as much as they can in order to save on tax. It is important to be aware of what can and cannot be claimed on a tax return. Here are some items that can and cannot be claimed on a tax […]





