GST increase predicted to fund Rudd's hospital spending spree

Apr 21, 2010

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.

Preparing your SME tax return in the wake of COVID-19

Jun 19, 2020

Tags: Accountant Melbourne, Accountant Sydney, Business, Chartered Accountant, Coronavirus, COVID-19, Employers, FBT, GST, PAYG Withholding, Small Business, Starting a Business, Super

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.

If GST gets raised to 12.5%, should stamp duty get axed?

Jul 07, 2020

Tags: COVID-19, GST, Personal tax

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.

Shape up: why small business owners need to talk tax now

Apr 28, 2021

Tags: 101 Ways, Accountant Melbourne, Accountant Sydney, Business, Business Activity Statement (BAS), Cash Flow Boost, Company tax, COVID-19, GST, JobKeeper, Personal tax

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.
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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