28 August 2019

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Backyard Building Boom

Backyard Building Boom - tax implications of redeveloping your property
With house prices rising and well-located land becoming scarce in cities, many Australians are looking for creative ways to tap into the value of their own backyard. Some subdivide, while others take the knock-down and ...

24 July 2019

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Entertainment expenses - what can I claim?

Entertainment expenses - what can I claim? The days of the Long Lunches of the 1980s may be well behind us, but there is still a lot of confusion around when entertainment expenses can be claimed as a tax deduction and how this interacts with Fringe Benefits Tax (FBT).  It can be easy to...

29 July 2018

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GST

Low Value Imported Goods (LVIG) - GST Impact

by Rhodes Docherty
From July 1, 2018, new legislation has come into effect that imposes GST on goods that are deemed to be Low Value. This means any product, such as books, jewellery, electronic devices, sports equipment, cosmetics, or clothing will incur a 10% GST on the price of the item, regardless o...
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