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Posts Tagged ‘deductions’
Claiming Car-Related Expenses this Tax Season
June 14th, 2019With tax time coming up very soon, many of us will be looking towards our tax returns and working out what we can claim for this financial year. A very common area people claim deductions in is car travel and other vehicle-related expenses. While there are many options available for things to claim, the Australianread more
Running a small business – what’s deductible?
February 14th, 2019When you’re running a small business, you want to make sure you’re making your money work as hard as you do. This often extends to legally minimising your tax where you can, and there are plenty of ways to do so – even from day one. Here are a few you can look for: Start-upread more
Working from Home – What can you Deduct?
October 19th, 2018As the workforce increasingly favours flexibility and good work-life balance, companies throughout Australia (and indeed the world) offer their employees the chance to work from home; while others set up their own business to take greater control over their working lives. With this flexibility in working from home, there are certain things that you canread more
McKinley Plowman’s Top Tax Time Tips
July 3rd, 2018Tax time is upon us! While this isn’t necessarily a time of year most people get excited about, something that motivates most people is a potential tax refund. Even in situations where you might not be eligible for a refund, legally reducing your taxable income to minimise your tax liability is always a bonus. Nowread more
5 Reasons Why You Need an Accountant for Your Business
July 6th, 2016Entrepreneurs are often lauded for their "jack-of-all-trades" approach to starting their business - doing what they can themselves in the early stages to keep costs down and stamp their mark on their new business venture. One service in particular that is overlooked, however, is that of an accountant. Aside from needing someone to take careread more
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