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General exemption – There is a $300 exemption per employee per quarter from paying FBT if you provide free (gifts and prizes), subsidised or discounted
It can be easy to fall into the trap of paying your staff cash “under the table” instead of putting them on the payroll, less
Clients often ask which is the best way to pay themselves from their company – wages or drawings? Here is an explanation of the differences.
To get the best tax deductions available for depreciation on a commercial building fit-out you will need to: Have an independent valuer prepare a fit-out
Many people have asked us “What is a dividend?” In short, a dividend is an allocation of profits from a company to its shareholders. In
You are only allowed a deduction for repairs and maintenance where the expenditure is required to maintain an asset in the condition it was initially
If you pay costs to advertise the sale of your rental property, these are not claimable as an expense but will come off the sale
People often ask us if it’s a good idea to spend money to save tax. The idea is by creating additional expense the business can
Keeping a vehicle log book to record vehicle use is essential for ensuring an accurate expense claim. To help make this process a little
If you are thinking about or are in the process of making large scale repairs and/or improvements to your rental property there may be tax
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
Often people buy a rental property that needs a bit of work done to it – they then get the keys and undertake repairs and