by Investment Plus Accounting Group | Nov 14, 2023 | ATO, Tax & Accounting
You’ve bought the car of your dreams after negotiating the price like a pro. You think you’re done and dusted until you receive the final invoice and it’s not what you expected. There’s an extra amount you have to pay on the car to the Australian Taxation Office (ATO)...
by Investment Plus Accounting Group | Nov 14, 2023 | How To, Property Investment, Property Investment Tips
With the property market out of reach for many due to rising interest rates and high property prices, Australians are looking for alternative ways to enter the market.Rather than taking out a huge mortgage to purchase their dream home in their desired location, many...
by Investment Plus Accounting Group | Nov 5, 2023 | How To, Investment Property, Property Investment, Property Investment Tips
One way to dip your toe in the property market if you want to buy a brand new property is to buy off the plan. This involves entering into an agreement with a developer when a property has yet to be built. It has its pros and cons but if you are considering buying off...
by Investment Plus Accounting Group | Nov 5, 2023 | ATO, Small Business, Small Business Tips, Tax & Accounting
If you operate some or all of your business from home, you may be able to claim tax deductions for the business portion of expenses. These may include: occupancy expenses (such as mortgage interest or rent, council rates, land taxes, house insurance premiums) running...
by Investment Plus Accounting Group | Nov 5, 2023 | ATO, Capital Gains Tax (CGT), Small Business Tips, Tax & Accounting
Did you find working from home during COVID-19 lockdown to be a success? Are you considering giving up your leased commercial business premises to instead run your business from home? This choice may result in the Australian Taxation Office taking a slice of the...