Tax Tips for small businesses
Common Tax Deductions for Small Business There are many expenses common to most small businesses, and there are other expenses that are specific to the nature of the goods or services the business provides. Are you claiming all the tax deductions that you are entitled to? Operating expenses include accounting, administration, advertising and marketing, office […]
Federal Budget – what you need to know
At 7:30pm tonight the government will announce the budget. They’ve even got a countdown timer at – https://budget.gov.au/ 1. Tonight’s Budget 2. Past Budgets 3. Next Steps TONIGHT’S BUDGET A few things I’ll be watching for tonight: – Whether the $1,080 LMITO (the ‘Lamingon’/Low Middle Income Tax Offset) which is reduced from employees regular payslips, will be […]