by Financially Sorted | May 30, 2024 | ATO, EOFY, Property Investment, Tax Returns
The Australian Taxation Office (ATO) are looking closely at expenses related to rental property including interest apportionment for private expenditure, depreciation for initial repairs and other capital deductions, and borrowing expenses. Avoiding these common...
by Financially Sorted | May 30, 2024 | ATO, EOFY, Tax Returns
Every year the Australian Taxation Office (ATO) announces three key focus areas for individual income tax returns for the upcoming tax season. This year the ATO is focused on some common areas where taxpayers make errors on their income tax return: Work-related...
by kirstyb | Aug 2, 2022 | EOFY, Finance, Tax & Accounting, Tax Returns
How to get the most out of your tax with our 2022 tax guide We’ve been doing a lot of work over the past few months and published many resources & tools to help you during tax time for FY2022 and throughout the year. Here is your 2022 tax guide. Find updated links...
by kirstyb | May 20, 2021 | Business, EOFY
Time to Plan your Business Tax Affairs While planning of any kind has been challenging over the past 12 months, tax time remains a certainty for all businesses and individuals who are working from despite the easing of Covid-19 restrictions. Tax planning should...
by kirstyb | May 20, 2021 | EOFY, Tax Returns
Time to Plan for EOFY – June 30, 2021 As we move toward the end of the financial year, now is a great time to review tips for preparing your tax returns. Tax planning opportunities and consider where you might stand to benefit. Tax Planning for Individuals We have...
