How Do Tax Deductions Work? (Turning a $250 Tax Bill to a $2,500 Tax Refund)

How Do Tax Deductions Work? (Turning a $250 Tax Bill to a $2,500 Tax Refund)

Many people hear about tax deductions but don’t precisely understand how tax deductions work in Australia. So the obvious question is, how do tax deductions work? In a nutshell, tax deductions can assist with increasing your tax refund. As a business owner, you...
3 Easy Ways Towards Business Tax Minimisation & Pay Less on BAS

3 Easy Ways Towards Business Tax Minimisation & Pay Less on BAS

One of the most common questions concerning tax minimisation I get asked from small business owners and contractors: whether I think they are paying too much tax when they report their quarterly business activity statements (BAS) to the ATO. There are generally three...