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...
by Investment Plus Accounting Group | Apr 17, 2023 | ATO, Business, How To, Superannuation, Tax & Accounting
The ATO has recently reported there is now $16 billion in lost and unclaimed super across Australia, and is urging Australians to check their MyGov account to see if some of the money is theirs. Super becomes “lost super” when it’s still held by the fund but the...
by Investment Plus Accounting Group | Apr 5, 2023 | Business, Business Advisory, How To, Small Business
A financial crisis is challenging for any organisation, but small businesses are especially vulnerable in such a situation. They lack access to the same resources as larger companies, plus they need to be creative in order to survive. Market volatility and economic...
by Investment Plus Accounting Group | Mar 29, 2023 | Asset Protection, Business, Business Advisory, How To, Small Business, Tax & Accounting
Starting a small business and turning a passion or an idea into something bigger is a dream for many Australians. Being your own boss and building something from the ground up can be incredibly rewarding – but it’s not always smooth sailing. Being a small business...
