The Australian Taxation Office (ATO) has recently announced that they are closely examining claims for work-related car expenses during this upcoming lodgement period.  Additional audit resources will be employed along with updated data analytics to scrutinise large car expense claims. What you can claim You are entitled to claim the costs of using your car… Continue Reading

With the real estate market hotting up for another year, many home buyers will turn their thoughts to newly constructed residential premises or subdivisions, but new legislation may increase the costs and complexity of such purchases. In a bid to tackle non-compliance of GST obligations from developers selling properties, the government has introduced a new… Continue Reading

Another tax year is almost complete. With one month to go until 30 June, now is the time to consider some tax planning strategies. Tax planning is the process of organising your affairs so that your income tax liability is legally minimised. Here is a summary of some last minute strategies you might consider: Business… Continue Reading

Any business in Australia that holds customer or supplier information has a responsibility to ensure that their data is secure from any unwanted access to personal information they hold. The Notifiable Data Breach (NDB) scheme requires businesses to notify individuals whose personal information is involved in a data breach that is likely to result in… Continue Reading