Four priorities for the ATO this Tax Time

Four priorities for the ATO this Tax Time

Four priorities for the ATO this Tax Time In the middle of May, the ATO announced that there will be four focus areas on their radar during Tax Time 2022 – record-keeping, work-related expenses, rental property income and deductions, and capital gains from crypto...
30 June Tax Planning

30 June Tax Planning

30 June Tax Planning As we move towards the end of the 2021/22 financial year, there are a number of year-end income tax planning opportunities that may be available to optimise your tax position. Temporary full expensing Are you contemplating asset and equipment...
Financing motor vehicles

Financing motor vehicles

Financing motor vehicles A common question facing businesses is how to finance and account for the acquisition of a motor vehicle. There are numerous ways that can be used, with each having unique taxation treatment. 1. Outright purchase The advantage of purchasing a...