by Investment Plus Accounting Group | Nov 14, 2023 | ATO, Income Tax, Tax & Accounting
It’s quite common for people to structure their professional affairs by setting up an entity to run their business through. This could be a trust, a partnership or, most often, a company. Clearly, this could be a very effective way of sheltering profits for a small...
by Investment Plus Accounting Group | Jun 29, 2023 | ATO, EOFY, How To, Income Tax, Tax & Accounting, Tax Deductions, Tax Refunds
Its Tax Time again and as you prepare for lodging your return we want to ensure why you need to understand the importance of lodging your returns and fulfilling your tax obligations. Lodging an income tax return is an important financial responsibility for individuals...
by Investment Plus Accounting Group | May 29, 2023 | ATO, EOFY, How To, Income Tax, Tax & Accounting, Tax Deductions, Tax Refunds
Now’s the time to review what strategies you can use to minimise your tax before 30 June 2023. HOME OFFICE EXPENSES If you have been working from home, you may have expenses you can claim a tax deduction for. The ATO allows you to claim using a “Revised Fixed...
