by Investment Plus Accounting Group | Apr 30, 2025 | Business, Company, Sole Trader, Structures, Tax & Accounting
Choosing the right business structure—sole trader vs company—is a key decision that affects tax obligations, legal liability, administrative workload, and growth potential. While many businesses start as sole traders due to simplicity, increasing income and risk...
by Investment Plus Accounting Group | Apr 30, 2025 | Airbnb, Tax & Accounting, Tax Deductions, Tax Planning
In Australia’s booming sharing economy, platforms like Airbnb have created opportunities for homeowners to earn extra income by renting out a spare room or their entire property. But with income comes responsibility—and understanding the tax obligations is crucial to...
by Investment Plus Accounting Group | Apr 23, 2025 | Tax & Accounting
As the 2025 financial year draws to a close, tax planning has become increasingly complex due to the timing of the upcoming Federal Election. The election’s outcome will significantly influence whether proposed legislative measures move forward or remain on the shelf,...
by Peter Ristevski | Mar 24, 2025 | Tax & Accounting, Tax Deductions, Vacant Land
Think claiming tax deductions on vacant land is a breeze? Think again! What seems like a simple process is packed with rules, exceptions, and fine print that could leave you scratching your head. But don’t worry—we’ve got you covered! Whether you’re holding land for...
by Investment Plus Accounting Group | Feb 5, 2025 | Business, Business Insurance, Small Business, Small Business Tips, Tax & Accounting
As we head into 2025, it’s crucial to assess whether your business is prepared for the new challenges and risks that lie ahead. With evolving threats like cyber risks, climate change, economic shifts, and business disruptions, having the right insurance coverage is...
by Investment Plus Accounting Group | Feb 5, 2025 | Inheritance, Retirement Planning, Tax & Accounting
When a loved one passes away, the emotional toll can be overwhelming, and the last thing you may want to focus on is taxes. However, navigating the tax implications is a crucial part of administering an estate. While Australia does not impose a death tax, there are...
