Income Tax Archives

Payroll Tax

Payroll tax is a self-assessed, general purpose state and territory tax assessed on wages paid or payable by an employer to its employees, when the total wage bill of an employer (or group of employers) exceeds a threshold amount.

Martin CoJuly 21, 2017

Tax Planning

Tax Planning: Small Business Concessions

The end of the 2016/17 financial year is almost here, so now's the time to look at Small Business Concessions to minimise your tax.

Martin CoJune 26, 2017

Tax Planning

Tax Planning: Year End Stock Take / Work in Progress

The end of the 2016/17 financial year is almost here, so now's the time to look at year end stock take, work in progress, bad debts and capital assets to minimise your tax.

Martin CoJune 22, 2017

Tax Planning

Tax Planning: Private Company Loans

The end of the 2016/17 financial year is almost here, so now's the time to look at Private Company Loans to minimise your tax.

Martin CoJune 19, 2017

Tax Planning

Tax Planning: Investment Property Depreciation

The end of the 2016/17 financial year is almost here, so now's the time to look at Investment Property Depreciation to minimise your tax. Just like you claim wear and tear on a car purchased for income producing purposes, you can also claim the depreciation of your investment property against your taxable income. If you own a rental property and haven’t already done so, arrange for the preparation of a Quantity Surveyors Report to allow you to claim the maximum amount of depreciation and building write-off deductions on your rental property. Contact us TODAY before the June 30 deadline for assistance…

Martin CoJune 15, 2017

Tax Planning