Tax Tips
Thanks to a recent NSW Government reform, it is estimated that up to 4.2 million motorists are eligible for a partial refund on their compulsory third-party insurance but you only have until 30 September 2018 to make your claim.
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If the ATO ever decides to audit your tax return then you will be glad that you followed the three golden rules when it comes to deductions.
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The balancing act of managing cash flow while you grow your business by taking on a new hire can be made a little bit easier by accessing the NSW Government's Small Businesses Grant.
If your client's taxable income is under the tax-free threshold they may still need to lodge a tax return.
Your holiday home is a great getaway, however, for most of the year this special place is probably not getting much use and costing you money to maintain. With the rise and ease of renting out your holiday home, more and more are doing so, but there are several tax issues to be aware of.