by Investment Plus Accounting Group | May 1, 2024 | Asset Protection, ATO, Business, Business Advisory, Income Tax, Peter Ristevski
*This article was originally published in www.smartcompany.com.au In the complex world of business and finance, standing out requires not just expertise but a forward-thinking approach that navigates the intricacies of law, tax, and corporate structure. The most...
by Investment Plus Accounting Group | Dec 13, 2023 | Business, Business Advisory, Retirement Planning
Effective businesses recognise the necessity of transparent communication and a well-constructed plan to guarantee ongoing operations. Delegating control to another individual is invariably challenging, a truth applicable not only to personal life but also magnified...
by Investment Plus Accounting Group | Apr 28, 2023 | Business, Division 7A loans, How To, Small Business, Tax & Accounting
When you start up a business, inevitably, it consumes not only large amounts of your time of but also a lot of cash and much of this is money you have already paid tax on. So, it only seems fair that when the business is up and running the business can pay you back....
by Investment Plus Accounting Group | Apr 28, 2023 | Business, How To, Small Business, Tax & Accounting, Tax Deductions
As the cut-off date for the instant asset write-off program approaches on June 30, 2023, many small to medium-sized enterprises (SMEs) are feeling the pressure to take advantage of the program before it ends. The instant asset write-off (IAW) initiative has been a...
by Investment Plus Accounting Group | Apr 17, 2023 | Business, Electric Vehicles, How To, Tax & Accounting, Tax Deductions
Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) has released new details on electric vehicles. If your employer provides you with the use of a car that is classified as a zero or low emissions vehicle...
by Investment Plus Accounting Group | Apr 17, 2023 | Business, How To, Income Tax, Small Business, Tax & Accounting, Tax Deductions
As a tradie, it’s essential to understand the tax deductions you can claim to reduce your taxable income and maximise your tax refund. This article outlines five common tax deductions for both employee tradespeople (tradies) and business owner tradespeople (business...
