Employees in Australia may be able to deduct the cost of some training courses from their taxable income. This includes courses that are related to the employee’s current work or a future career change. In order to qualify for the deduction, the employee must have paid for the course themselves, and it must be related […]
Wallet Addresses Every time you send cryptocurrency to another wallet, the transaction is recorded. For every single transaction, there is an entry with your wallet address and the wallet addresses of the individual or business you sent funds to. All these transactions are also captured with the date and time stamps. Asides from this, all[…..]
Before making claims on home office occupancy expenses, you must pass the interest deductibility test, provided by the ATO. There are specific traits that the workspace you are using needs to demonstrate so as to qualify for occupancy expense claims. Some of the requirements include: The area should be used regularly for business and visited[…..]
Gone are the days when you had to be worried because it is that time of the year; tax time! Times have changed and there are so many experts to help you with all your tax returns. Our tax consultants have been working with a wide range of clients including real estate professionals. Just like[…..]
Times have changed and technology seems to be taking over all industries. If you use your PC, phone or tablet for work, there are some tax deductions that you can claim. Let us look at the various options and the applicable costs that you can claim if you are an Uber driver or any rideshare[…..]
The tax deadline is drawing closer and there are many people who start rushing when it is too late. You are aware that tax returns are about records as this is the only way that you can maximise the tax deductions. The ATO is very strict and pays attention to any claims and requires proper[…..]