by Wen Wen | Feb 28, 2019 | Small Business Tax
Tax deductions for claiming motor vehicle expenses comes to claiming a deduction for motor vehicle expenses. Of course, every person’s circumstances may be different, but the following covers most of the relevant information. Key points to keep in mind include: The...
by Wen Wen | May 18, 2018 | Accounting & Financial Reporting, Small Business Tax
Franchisees need to know how much tax to pay Why you need to know your tax obligations for a franchised business The Australian Competition & Consumer Commission (ACCC) is the government body responsible for enforcing the Franchising Code of Conduct, and if you or...
by Wen Wen | Nov 7, 2017 | Small Business Tax
Small Business Car Parking Exemption If your business provides car parking benefits to your employees in the form of car parking for more than four hours on its premises, and the relevant car parking facility is within one kilometre of a commercial car park where the...
by Wen Wen | Apr 18, 2017 | Small Business Tax
Business expense deduction claims A recent case before the Administrative Appeals Tribunal (AAT) shed light on a growing phenomenon that you should keep in mind for work-related or business expense deduction claims. This case involved a business purchase on Gumtree....
by Wen Wen | Mar 2, 2016 | Small Business Tax
The Fringe Benefit Tax Year ends on 31 March 2016 … If you allow a staff member to use a work car for private purposes, give one of them a cheap loan, reimburse another for a private expense, such as school fees, or generally provide entertainment or recreation...
