Property, shares and other assets can benefit from smart moves now

Jun 13, 2025

Tags: Accountant Melbourne, Business, Chartered Accountant, Deductions, Personal tax, Property, Shares, Super

It’s make-or-break time for Australian investors to fire up some strategies that can deliver both short-term and long-term financial windfalls.

These 4 deductions could cut your tax by $121,400

Jun 10, 2025

Tags: Accountant Melbourne, Borrowing, Business, CGT, Chartered Accountant, Personal tax, Property, Retirement, Shares, Small Business, SMSF, Super

These tax deductions could give someone earning $200,000 a refund cheque north of $44,000. And that’s before any charitable donations.

Tax deductions should be a focus for donors ahead of June 30

Jun 06, 2025

Tags: Accountant Melbourne, Chartered Accountant, Deductions, Employees, Family, Personal tax

Charities are firing up campaigns to attract end-of-financial-year donations, but millions of generous Australians appear to miss out on the tax benefits of giving.

Could your tax refund be at risk? ATO issues urgent alert as hackers steal $14,000

May 21, 2025

Tags: 101 Ways, Accountant Melbourne, Calculators, Chartered Accountant, Company tax, Employees, Personal tax, Retirement, Small Business

Tax time is stressful enough without the added worry of cybercriminals making off with your hard-earned refund.

ATO warning as hackers steal $14,000 in tax returns: ‘Be wary’

May 20, 2025

Tags: 101 Ways, Accountant Melbourne, Calculators, Chartered Accountant, Company tax, Deductions, Employees, Employers, Personal tax, Small Business

The Australian Taxation Office (ATO) is assuring Aussies that its systems are “secure, resilient and have not been compromised”. A number of taxpayers have come forward sharing their accounts have been hijacked and bogus tax returns have been made in their name.

comments-rhsLatest Comments

  • "Yes you show the km allowance as taxable income and then you can also make a claim for your car travel. Under the cents per kilometre method you are limited to the first 5000km. So if you get..."

    By: Mr Taxman at Jun 04, 2025 11:57PM

    Post: Claiming car expenses

  • "No would not be able to claim the Uber home nor to the station the next day. The trip to the off-sit meeting would be claimable."

    By: Mr Taxman at Jun 04, 2025 11:55PM

    Post: Claiming car expenses

  • "Depends on your finance type ... if you takeout a lease then the lease payment forms part of your costs (but no depreciation can be claimed) ... if you takeout a Hire Purchase or a Loan then only the..."

    By: Mr Taxman at Jun 04, 2025 11:54PM

    Post: Claiming car expenses

  • "The cost of the trailer itself could be depreciated - usually over 8 years. Assuming no personal usage with it then 100% of that depreciation plus annual rego could be claimed."

    By: Mr Taxman at Jun 04, 2025 11:50PM

    Post: Claiming car expenses

  • "That would be a non-deductible trip unfortunately Erin"

    By: Mr Taxman at Jun 04, 2025 11:48PM

    Post: Claiming car expenses