Have you considered the powerful tax and superannuation planning opportunities that the small business CGT concessions can offer your business? These concessions allow you to reduce – or in some…
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December is usually the busiest time of the year for retail and hospitality businesses. But businesses in other sectors often find that their sales slowdown and their customers stop paying…
Crowdfunding has fast become the go to place for people in need of large amounts of money quickly, but is the money raised considered to be income and therefore taxable?…
Do you sometimes take work trips for your business – perhaps to conferences, trade shows or to visit interstate clients? When a trip is clearly for business purposes only, the…
Are you paying off a loan for your investment property? Investment property owners should heed the ATO’s warning that it will target mistakes with rental property deductions this tax time….
Did you know that a random audit by the ATO last year revealed nine out of ten rental property owners made a mistake with their rental deductions? In this first…
What are the benefits of having your tax return professionally completed by Scanlon Richardson Financial Group? This is a reasonable question nowadays given that there are a number of online…
Getting around to your taxes soon? The ATO has revealed the most common mistakes taxpayers tend to make at tax time, with thousands of lodgers caught out every year. Don’t…
It’s tax time, which means you’re most likely looking forward to seeing that extra sum of money in your bank account. With tax time comes a rise in scammers pretending…
Ready for tax time 2019? This year there’ll be some changes to how many employees access their tax information from their employer. The good news is this is part of…