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News

Changes to Property Expense Deductibility One Step Closer

Changes to Property Expense Deductibility One Step Closer In early July, the Turnbull government released draft legislation and explanatory material for the housing affordability and tax integrity measures announced in the 2017-18 Budget, with submissions to the draft legislation closing on 10 August 2017. The proposed legislation means that property investors will no longer be…
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Tax Time Deductions for Small Business

Tax Time Deductions for Small Business General Whilst you cannot claim private expenses, as a small business owner, you can claim a deduction for most costs you incur in running your business, for example staff wages, marketing and business finance costs. Just remember to always ensure you keep records to support your claims. What business…
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