Tax Deduction for Buying A Car For Business
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Buying a Car for Business in Australia – Tax Write-Off (2025)

As a savvy business owner or entrepreneur, you’re always looking for ways to reduce your tax burden and increase your bottom line. One such opportunity lies in the realm of business tax write-offs. Understanding motor vehicle expenses is crucial, as these costs can be eligible for tax deductions and significantly impact your tax filings. Unfortunately,…

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Home Office Expenses: The Essential Guide

Knowing about the tax deductions for your home office expenses will certainly boost your small business tax return. However, many small business owners miss out on these expense claims because they aren’t equipped with the knowledge presented by the Australian Tax Office (ATO). Home-based businesses are a large part of the Australian business community, with…

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Main Residence Exemption 6 Year Rule: The Essential Guide

If you’re new to the property investment sphere, being aware of the main residence exemption 6-year rule could help you avoid capital gains tax and save you thousands of dollars on the eventual sale of your investment property. Yet, so many first-time investors remain uninformed of the benefits of the 6-year rule. For example, some…

Bucket Company - How to Save Thousands in Tax
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Bucket Company: How You Can Save $1000s in Tax With This Strategy

A bucket company, also known as corporate beneficiaries or a dumping company, are an incredibly useful strategy for tax planning and minimisation if done correctly suited for the right situation. This is because it can help you “cap” the amount of tax you pay at 30% (or 27.5% for small business entities) by moving as…

How Do Tax Deductions Work Australia
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What Can I Claim on Tax in Australia?

Are you wondering what expenses you can claim as tax deductions in Australia? Understanding how to claim tax deductions for work-related expenses can help you reduce your taxable income and potentially get a bigger tax refund. This comprehensive guide will cover everything you need to know about claiming deductions on your Australian tax return. How…

Negative Gearing in Australia
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The Only Guide You’ll Need On Negative Gearing

So you’ve heard all the hype about negative gearing in Australia and want to know what it’s all about? Or maybe you’re buying a property and trying to decide if negative or positive gearing is for you. This article will explain what it is and who it’s for, share some tips, and debunk some myths…

Stage 3 Tax Cuts in Australia: How Much Will You Get Back?
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Stage 3 Tax Cuts in Australia: How Much Will You Get Back?

The government has confirmed that the Stage 3 tax cuts are in place for most Australian workers as of 1 July 2024. These tax cuts were announced as part of the federal budget and aimed to provide financial relief to Australian workers.  This article explains the Stage 3 tax cuts, how they affect employees at…

Tax Minimisation - Reduce Your BAS
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How to Reduce BAS Payments for Your Business

As a business owner or manager in Australia, one of the most crucial responsibilities you’ll encounter is managing your Business Activity Statement (BAS). Having an Australian business number (ABN) is essential for registering for GST and receiving a BAS automatically when it’s time to lodge. These regular tax obligations are fundamental to running a compliant…

Must-Know Details About the Superannuation Guarantee Contribution
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Must-Know Details About the Superannuation Guarantee Contribution

As a business owner, you have a lot of responsibilities. Not only do you need to worry about tax obligations and payroll, but you also have to stay on top of financial reporting. Although it can be a lot to keep track of, it’s important to make sure that your business is compliant with all…

accountant for doctors
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How To Choose The Best Accountant for Doctors

Medical professionals constantly juggle their day-to-day practice with the business side of things.  But let’s face it, as a doctor, you’ve got your hands full with patient care, so management and financial planning tends to take a backseat.  While a doctor’s primary goal is to focus on providing health services to their clients, they mustn’t…

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