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2024 Personal Tax planning

Tax Deductions

What can you do before the 30th June to reduce your tax for 2024? Follow these steps and have more money in your pocket for you and your family to enjoy. Personal Tax Home Office Expenses  If you have been working from home, you may have expenses you can claim a tax deduction for. The ATO allows you to claim using a “Revised Fixed Rate Method” an amount of $0.67…

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Year End Tax Planning 2023 – Personal

What can you do before the 30th June to reduce your tax for 2023? Follow these steps and have more money in your pocket for you and your family to enjoy. Personal Tax Home Office Expenses  If you have been working from home, you may have expenses you can claim a tax deduction for. The ATO allows you to claim using a “Revised Fixed Rate Method” an amount of $0.67…

Year End Tax Planning 2023 – Business

With the end of the tax year approaching, now is the time to see what you can do to reduce your tax for 2023. This would mean more money in your pocket for you and your family to enjoy. Business Tax Temporary Full Expensing Purchase equipment before year end as businesses with an aggregated turnover of less than $5 billion can immediately deduct the business portion of the cost of…

Year End Tax Planning 2022 – Business

With the end of the tax year approaching, now is the time to see what you can do to reduce your tax for 2022. This would mean more money in your pocket for you and your family to enjoy. To minimise your Personal tax click here. Business Tax Temporary Full Expensing Businesses with an aggregated turnover of less than $5 billion can immediately deduct the business portion of the cost…

Year End Tax Planning 2022 – Personal

With the end of the tax year approaching , now is the time to see what you can do to reduce your tax for 2022. This would mean more money in your pocket for you and your family to enjoy. To minimise your Business tax click here. Personal Tax Home Office Expenses during Covid-19 If you worked at home because of Covid-19 you will be able to claim a special…

Year End Tax Planning 2021 – Personal

With the end of the tax year approaching , now is the time to see what you can do to minimise your tax for 2021. This would mean more money in your pocket for you and your family to enjoy and put some fun back into the tough year it has been. To minimise your Business tax click here. Personal Tax Home Office Expenses during Covid-19 If you worked at…