How does the 50% investment allowance actually work? Is it a 50% refund of the cost of the item, or is it to be claimed as 50% of the cost o…
How does the 50% investment allowance actually work? Is it a 50% refund of the cost of the item, or is it to be claimed as 50% of the cost o…
The Tax Office recently released an important tax ruling – TR 2009/2 – that outlines the conditions for a payment to qualify for concessiona…
I’m a sole proprietor of a consulting business and I am planning to upgrade my computer systems to take advantage of the tax break. Can I cl…
End-of-year tax strategies for SME owners are dominated by the imminent halving of the annual caps on concessional super contributions, expe…
We have a small construction company and are looking into buying two brand new utes for our full time workers. I assume we qualify for the 5…
I have purchased since January this year, a number of small tools (like an electric drill, spanner set, etc) to the value of more than $1,00…
A new report yet to be released from the Tasmanian Chamber of Commerce and Industry shows that cutting payroll tax would save 95,000 jobs ac…
We have a client who is an options trader. He would like to buy a motor vehicle under the company name. It is quite clear that the company c…
The bill implementing the new temporary investment allowance for businesses, especially SMEs, is now law. It received Royal Assent on …
Is the 50% investment allowance a 50% refund of the cost of the item, or is it to be claimed as 50% of the cost of the item as a tax deducti…
I have recently started a small home computer support business to complement my full-time work as an IT professional. My question is: Ca…
The Australian Taxation Office is bracing for a sharp rise in the number of taxpayers claiming tax losses as a result of the financial crisi…