Ph: 0422 311 350

Tax Tips

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The 2022/23 Federal Budget has a range of new measures for individuals and businesses.

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The new temporary full expensing depreciation measure was introduced to provide further economic support for businesses with an aggregated turnover of less than $5 billion, as a result of Covid-19.

Avoid the FBT at Christmas

We all know the Grinch loves to ruin Christmas and so you want to be extra careful when organising the office Christmas Party or giving staff a Christmas gift that you don't actually get hit with the Christmas Grinch of taxes - the Fringe Benefits Tax. 

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With so much change in our lives this year, it’s good to know that the fundamentals of tax time have not changed. However, with so many of us finding that we are working from home it is worth digging into what you can and can’t claim this year.

The uncertainty being created by the coronavirus has caused disruption for everyone across the country. In response the Federal Government has announced a yet to be legislated four-part package that focuses on business investment, sustaining employers and driving cash into the economy.


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Phone
0422 311 350

Email
infotaxgo@gmail.com

Address
3/2a Martin Place
Mortdale NSW 2223

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