Small business Accelerated Depreciation The budget measures, which allow small businesses to claim an immediate tax deduction for any business assets they purchase costing less than $20,000, has passed the Senate. This is available for small
Archives for June 2015
Xero Set-up
If you are interested in starting a new organisation or converting from an existing accounting system and would like to use Xero accounting software, we recommend you receive assistance from our certified Xero advisors. We will ensure the
Pay your Super before 30 June and obtain a tax deduction
(as featured in our June 2015 Newsletter) To ensure you are entitled to your tax deduction for super contributions in 2015, the super payment, whether for yourself or your employees must be paid (i.e. out of your bank account) prior to
ATO Deductions Watchlist 2014/15
The ATO areas of focus in relation to deductions in the 2014/15 year include: • Work related use of electronic devices • Overnight work related travel • Rental property deductions Work related use of electronic devices The ATO flagged that it