Tax

Claiming deductions on home office costs

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.

How to 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

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

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

Tax Audit: When is the best time to get ready?

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?

Claiming tax on business conferences

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?

Getting tax deductions on travel expenses

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.