by Peter Ristevski | May 9, 2024 | ATO, Peter Ristevski, Tax & Accounting, Tax Planning
Last year saw a significant number of tax returns riddled with errors, prompting the Australian Taxation Office (ATO) to intensify its scrutiny on three primary fronts. Come tax season, the ATO will prioritise examinations of work-related tax deductions and rental...
by Peter Ristevski | Apr 29, 2024 | ATO, Income Tax, Tax & Accounting, Tax Deductions, Tax Refunds
Staying compliant and maintaining consistency in your tax planning can lead to substantial annual savings, allowing you to allocate funds towards your priorities and the expansion of your business and wealth creation plans The Australian Taxation Office (ATO) defines...
by Peter Ristevski | Apr 18, 2024 | ATO, Capital Gains Tax (CGT), Investment Property, Property Tax
Investment property can be a lucrative way to set your family up for a future nest egg. However, if you’re looking to maximise the value of your property investments, you need to be aware of the costs that come along with it. The biggest cost you’re likely to face...
by Peter Ristevski | Apr 18, 2024 | ATO, How To, Small Business, Tax & Accounting
Small business capital gains tax concessions provide an opportunity for small business owners to reduce the amount of tax they owe on the sale of business assets. One of the key CGT concessions is the CGT exemption, which can be a significant tax-saving opportunity...
by Peter Ristevski | Apr 18, 2024 | ATO, Income Tax, Tax & Accounting
A late tax return penalty can be substantial, but they are entirely avoidable. That is why it is important to know your tax deadlines and any penalties that may apply for failing to lodge on time and avoid late payment. In this blog, we will cover what an overdue tax...
