tax deductions for doctors
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The 9 Best Tax Deductions For Doctors

ByDavie Mach

Doctors are among the highest-earning professionals in Australia. And the higher the income, the higher the marginal tax rate. But did you know that as a medical professional, you’re eligible for a pretty long list of deductions? Unfortunately, however, many doctors are missing out because they don’t know what tax deductions they can claim.  So,…

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Capital Gains Tax on Shares: Everything You Need to Know

ByDavie Mach

Capital gains tax is an unavoidable expense that many investors have to face during their investment journey. Whether you own shares or property, if you make a capital gain on the sale of those investments, you’ll have to pay capital gains tax (CGT) to the Australian Taxation Office (ATO).  Although capital gains tax is not a…

small business restructure rollover

What You Need to Know About The Small Business Rollover

ByDavie Mach

Since 1 July 2016, the Australian government has made several tax concessions available through the Small Business Restructure Rollover, offering smaller businesses the chance to undergo restructuring changes without facing tax issues. The small business restructure rollover offers significant benefits to small businesses restructuring their affairs. Understanding the tax consequences is crucial for small businesses…

fuel tax credits
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Fuel Tax Credits Explained

ByDavie Mach

Claiming fuel tax credit can provide a significant reduction in the amount of tax you pay on your business’s operating costs.  Yet, claiming these fuel tax credits is often overlooked by many small business owners.  To help make the claiming process a bit easier, we’ve put together an article that breaks down everything you need…

holding company
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Advantages & Disadvantages of a Holding Company

ByDavie Mach

If you’re an entrepreneur or director of a small business, I’m sure you’ve heard about setting up a holding company to reduce risk and minimise tax while your business grows.  Many people end up setting up holding companies for the protection it offers, but it’s worth noting that there are limits to that protection.  For…

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Everything You Need to Know About Wine Equalisation Tax

ByDavie Mach

Wine equalisation tax is levied on wine consumption in Australia. Wine production makes up a considerable part of the agricultural industry, contributing over $45 billion annually to the Australian economy.,  What’s more, according to Wine Australia, the wine industry employs around 163,790 full and part-time employees across the 65 wine-growing regions.  Wine equalisation tax (WET)…

tax minimisation australia

The Ultimate Guide to Achieving Tax Minimisation Australia

ByDavie Mach

Your small business can save considerable amounts of tax each year by implementing effective tax minimisation strategies. Let’s be honest – no small business wants to pay more tax than they have to.  Fortunately, there are a few ways you can ensure that you don’t pay more tax than you need to. So, we’ve decided…

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