In the realm of tax law, a critical concept revolves around understanding the notion of “entities connected with you.” This concept serves as a linchpin in […]

The end of the month will see the end of the Jobkeeper payment scheme from the government. Eligible businesses who choose to voluntarily repay an amount […]

As an employee in a business, often there are perks that can come with the job. A company car, fuel money, perhaps some technology to help […]

Individuals who partake in self-education may be able to claim a deduction for their expenses if the education is related to their work or if they […]

Salary packaging allows you to create a ‘package’ of income and benefits. In your salary package, you can include benefits that you would usually pay for […]

Luxury car tax or LCT is a 33% tax on cars that have a value (including GST) above the set threshold. However, the tax is only […]

When you own a rental property, keeping records is important. These will help you meet tax obligations. Generally, only individuals with their names on the title […]

Amounts which are not classified as income are split into 3 categories. Exempt income This is income that you do not pay tax on, although, some […]

The Australian weather can be unpredictable, resulting in intense weather conditions. Bushfires, severe storms or floods can cause personal properties and assets a lot of damage. […]