Compliance burden is far too taxing for individuals

Aug 16, 2008

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It barely rates a mention in Treasury chief Ken Henry's 366-page review of the tax system, but something desperately needs to be done to reduce the burden of tax compliance on individual taxpayers.

Better cash flow makes leasing a PC attractive

Aug 11, 2008

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Buying a computer is cheaper than leasing in the long term but some small businesses may have other plans for their dollars.

Don't be mired by fear

Jun 27, 2008

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IF that tax-saving strategy you've been offered doesn't quite sound right, it probably isn't

Blind Freddy can see car costs skyrocket

Jun 15, 2008

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Soaring petrol prices have failed to persuade the Australian Taxation Office to offer bigger tax deductions for car running costs this financial year.

If you build it they will invest

May 11, 2008

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Most investors don't know exactly why they love property but you can bet the fact that you can actually touch and feel it has a lot to do with it. This tangible nature of property is just one reason why bricks and mortar will always remain a popular choice for investors, particularly in times of economic uncertainty.

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