The ATO has released information on claiming mobile phone, internet and home phone expenses to reflect the significant rewrite of Practice Statement PS LA 2001/16 to include contemporary electronic device issues. The rewrite also updates the ATO’s
Taxable Payments and Annual Reports due soon!
A reminder for those of you in the building and construction industry that your 2015 Taxable payments annual reports are due 28 August 2015. This report is to include the total payments made to each contractor who provides building and
$20,000 Write-off
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
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