Oct 25, 2021
Tags: Accountant Melbourne, Accountant Sydney, Borrowing, CGT, Deductions, Family, Home Office, Personal tax, Property, Shares
Aug 02, 2021
Tags: Borrowing, CGT, Deductions, Personal tax, Property
Nov 04, 2021
Tags: CGT, Cryptocurrency, Personal tax, Shares
Jan 14, 2024
Tags: Accountant Melbourne, Calculators, CGT, Chartered Accountant, Employees, FBT, Financial Planning, Pensions, Retirement, Small Business, SMSF, Super
Jun 10, 2025
Tags: Accountant Melbourne, Borrowing, Business, CGT, Chartered Accountant, Personal tax, Property, Retirement, Shares, Small Business, SMSF, Super
"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
"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
"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
"That would be a non-deductible trip unfortunately Erin"
By: Mr Taxman at Jun 04, 2025 11:48PM