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Recent Posts

22 Mar, 2019

Contractors versus employees: Why the difference matters

There’s a new wave called the “gig economy,” and it’s been on an exponential rise in the past decade. This trend is categorised by the large build-up of contractual workers in many companies, mostly those being in the tech industry. Getting contractors to perform work for companies has proven to be a great win-win scenario for job-seekers and job-providers alike.

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07 Dec, 2018

Tax deductions you can claim when you work from home

In today’s modern work culture, working from home is becoming more and more common. The advent of technology has allowed for practically anyone to take their work tasks and perform them from the comfort of their own living rooms. But like any emerging trend, there are gray areas that need to be clarified to avoid trouble.

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07 Nov, 2018

Owned Your Business for 15 years? Profits on Sale Could be Tax Free

Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” But the truth is that taxes are not as imminent as one may think. Government laws do provide exemptions and breaks for cases where it may be needed. One such area that these exemptions may apply is the Capital Gains Tax.

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27 Sep, 2018

Top 10 Tax Claims Myths Busted by the Australian Tax Office

Myths are everywhere. They’re in culture, folklore, homes, offices, and even in our taxes. The Australian tax system is constantly evolving with amendments and updates. And while many changes are for the good, it can get confusing at times causing myths and wrong notions to come about.

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12 Sep, 2018

ATO'S New Passive Income Test, Drought Assistance and Car Sharing Arrangements

There is a long line up of changes awaiting Australian businesses and taxpayers in this season at the Australian Tax Office has announced some major changes to tax laws and policies. Some of these include tax cuts, an announcement of assistance from the government and changes to rules on sharing economy practices.

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14 Nov, 2017

XERO Accounting, The Best MYOB Upgrade There Is

Are you being forced to upgrade from MYOB’s AccountRight Classic v19? Make the ultimate upgrade to Xero accounting – and bid farewell to version updates and confirming a file, for good.

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