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Understanding the Importance of Tax Law Compliance

Tax Law Compliance

Whenever you move money and generate profits – either business, investment or wages – taxation and tax compliance is a consideration. And with tax potentially taking nearly half of the income generated almost every family in business is interested in genuinely reducing their tax burden they carry. And every family we have ever met has […]

Six Handy Tips on Avoiding Superannuation Guarantee Charge Penalties (SGC)

Superannuation Guarantee Charge Penalties

As a business employer you have an obligation to pay superannuation on behalf of your staff.  And the tax penalties and tax administration of the superannuation guarantee system is complex and littered with multiple tax penalties ranging from higher superannuation, administration fees, loss of tax deductions and interest costs. The SGL applies to employment Australia […]

Getting an understanding of personal services income

Personal services income

Tax law has a fundamental premise that the income of a person belongs to that person regardless of how they structure their affairs.  And for many smaller operators like IT, legal and medical professionals this concept of bringing the income home to the relevant professional is expressed in the concept “alienation of personal services income”. […]

Employee vs Contractor- the tax confusion goes on

Employee v Contractor

Modern workplace arrangements have changed the concept of employment.  The presence of working from home, flexi time work and the “gig economy” has meant that the concept of employment and contracting has moved significantly over time.  This is especially true in Perth with the physical distance of our state requires innovative business solutions. The concept […]

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

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

Claiming deductions on home office costs

home office

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.