To claim the tax deduction in the home office, you need to maintain a full week office diary, which helps us apportionate, what costs are your private costs and what is your business related costs.

If we're looking at fringe benefits tax, where we try and talk about it existing with other taxes is this concept of a reportable fringe benefit

Basically, you're in business and someone pays you, they go into liquidation and the liquid they want you to pay your money back. Not a good position to be in, but there's a couple of ways that you can defend yourself against a preference claim.

One of the biggest concepts in tax law is that you've got to have receipts to prove your expenses that you incur. When you're traveling, that's really hard because you're getting out of the taxi, you need a receipt, you're buying some food at the bar, some chips for dinner.

A lot of people think of a conference as a bit of a business junket, but from a tax point of view, there's a fine line between what is a conference and what is a bit of a trip with your mates?

Nobody wants a tax audit. It's always a little bit disconcerting when they come around. When should you get ready for a tax audit?