Tags: GST

Australia's Goods & Services Tax (GST) is predicted to increase as pressure mounts on the Federal Government to fund its recent spending, including the recently minted COAG hospitals agreement.
Instant asset write offs, fringe benefits, single touch payroll…there’s a lot of jargon out there when it comes time to prepare your small business tax return.
There have been fresh calls for the GST to be raised, but some experts are saying now's a good time to review other unpopular taxes like stamp duty.
Small business owners are heading towards one of their most confusing tax times ever, and are being urged to get organised and get advice before it’s too late.
  • 1

comments-rhsLatest Comments

  • "Great insights on tax-saving strategies! Planning ahead before June 30 is crucial for maximizing returns. Thanks for the valuable tips!"

    By: SavePlus UAE at Feb 13, 2025 3:05PM

    Post: Tax-saving strategies to get in place before June 30

  • "Hi, I’m wanting some advice on setting up my new Personal Training business and the need to purchase a car that’s reliable and able to carry all my equipment. Can I claim the cost I pay for the car..."

    By: Kate Miller at Nov 22, 2023 10:30AM

    Post: Claiming car expenses

  • "Hello Mr Taxman. I am an American and live in America. I have a Forex trading account with Trade Nation in Australia. I have done well and made some profits. The total account is 42k with around 27k..."

    By: Bill at Oct 09, 2023 8:54PM

    Post: Foreign currency trading

  • "Hi, I work from home however I'm occasionally asked to go to my employer's home and work from her house. Can I claim this travel? "

    By: Erin at Aug 01, 2023 9:51AM

    Post: Claiming car expenses

  • "Hi, What is the protocol for claiming tax on my personal trailer which is used by my work for all general maintenance work on a full time basis. Thanks Lee."

    By: Les Wilkinson at Jul 09, 2023 5:35AM

    Post: Claiming car expenses