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...
Should I buy something to save tax?
Should I buy something to save tax? Around tax season, a common question that we are asked by individuals who have businesses is if they should invest in something to...
Why did the previous accountant say that?
When changing accountants it is possible that you receive conflicting information. Although we hope this is not the case, it is possible. We understand and sympathise that this can be...
Why should I get a depreciation schedule?
If you have or are thinking of buying an investment property, a depreciation schedule is something that you could find well worth having. These are prepared by Quantity Surveyors and...
What do I do in the case that I am audited?
Many people are uncomfortable with the thought that that they could be audited. One of the questions that we come across is ‘what do I do in the case that...
Can I claim a portion of my mortgage?
For many homeowners the question arises if they are able to claim a portion of the mortgage on their taxes. In the case that you own a business and are...
How Do I Pay Tax In Installments?
Tax time – that once a year situation when you can submit a tax return form to the ATO and, hopefully, look forward to your refund. Time to treat yourself!!...
How Does the ATO Determine Who They Audit?
When it comes to being audited, we are often asked how the ATO chooses who they do and do not audit. There are a few different scenarios that can result...
Why Do I have To Pay Super For Myself?
Superannuation is an extremely complicated and misunderstood topic, especially for Trustees of Self Managed Superannuation Funds. For most people earning wages there is an obligation on the employer to contribute...
Why Am I Paying So Much Tax
One of the questions that a number of tax payers ask is ‘Why am I paying so much tax?” The answer is fairly straightforward. The amount that you pay in...
Why Is My Tax Refund So Little?
Tax refund amounts can be an exciting event. While some could receive large sums others may be receiving little to no refund and possibly owe. There are a couple of...
Can my parents rent a property from my super fund?
The quick answer is no. There are a number of reasons why you would not want to do this. The first one is that these sort of arrangements are often...
