westcourt.com.au

How to Maximise Your Deductions

Maximise Your Deductions

A very common question that we get from a lot of clients, is what can we claim and how do we claim it and how does it work?

Tax Concessions for Tech Start-ups

Tax Concessions for Tech Start-ups

The government has introduced grants, concessions, and programs that encourage Australians to invest and create business through tech.

Obligations of a Company Director

Obligations of a Company Director

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

How to sell your home tax free

Sell your home tax free

If you’re an Australian, your family home is often your largest asset. And the ability to sell back home tax-free is an important part of your overall financial strategy.

Main residence exemption

residence exemption

The really important thing that’s happening now, is that if you’re a foreign tax resident of Australia, the main residence exemption on the side of your house is being taken away.

FBT and other taxes

Fringe benefits tax

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

How to defend yourself against a preference claim

preference payment claims

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.

Claiming Tax on Staff Christmas Gifts

Tax on Staff Christmas Gifts

Coming up to Christmas and a lot of people want to give their staff and their team a little reward as a thank you for doing a good job and if you give your staff a bonus as a cash bonus, they’re going to pay tax on it, which is not such a great idea.

Snapshot of the WA State Government stimulus package COVID-19

WA State Government stimulus package COVID-19

The WA State Government has released their own $607 million stimulus package in response to Covid-19. This includes payroll relief for small to medium businesses as well as a freeze on household rate increases. Check out our info graphic below for more information. Please contact us if you need advice or help.