Ensuring Continuity of Rental Property Expense Claims
31 January 2018
If your rental property is untenanted and you’re taking the opportunity to do some repairs and maintenance do ensure the property remains available to rent
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Check here regularly for the latest accounting & tax info, news and business advice.
Tips For Buying a Rental That Needs Maintenance
31 January 2018
Often people buy a rental property that needs a bit of work done to it – they then get the keys and undertake repairs and
Income Protection Insurance Deductibility
31 January 2018
Many people have Income Protection insurance policies and ask us about income protection insurance deductibility, well the great news is that these policies are claimable
Can I Pay my Spouse / Partner Wages From My Business?
31 January 2018
If you trade as a company there is no problem in paying your spouse or partner wages through the payroll of your business – however
Travel To Your Rental Property & The ‘Cost’ Of Your Labour
31 January 2018
For our Rental Property clients to make the most of their tax deductible mileage claims you need to keep a record of your rental-related travel.
What Do I Pay Income Tax On When I’m In Business?
31 January 2018
When you operate a business, each year you are required to prepare financial reports showing all of the business income and expenditure incurred which will
Business Trading Structures
31 January 2018
Sole Trader A Sole Trader is basically when you go out and do something for money but are not actually employed as an employee by
Should You Register Your Business For GST?
31 January 2018
If your expected annual turnover (sales) will be $60 000 or more you’ll need to be GST registered. This basically means you’ll need to charge
Just Started As A Contractor – How Much Should I Save For Tax?
31 January 2018
Question: I have just started work and my employer has informed me I am responsible for paying my own tax. Does this require me to
Purchasing a Business Vehicle – Ownership Vs Leasing
30 January 2018
The benefits of leasing a vehicle are: Get to claim the lease as a monthly expense. May have an upgrade option after a certain period
First Year in Business Do I Pay Income Tax?
30 January 2018
A common myth people often share is that “you don’t have to pay income tax for the first year in business”. The fact is any
How Much Can I Pay Myself from My Business?
30 January 2018
People often ask if there’s a general rule about how much they can take from their business as ‘wages’. Our suggestion is to work backwards,