If you’re a hospitality worker, it pays to learn what you can claim at tax time
Tax Deductions for nurses, midwifes & carers
If you’re a nurse, midwife or carer it pays to learn what you can claim at tax time…
Tax Deductions for IT Professional
If you’re an IT professional, it pays to learn what you can claim at tax time…
Claiming Deductions on Clothing and Laundry
You can claim a deduction for the cost of buying and cleaning: occupation-specific clothing, protective clothing and unique, distinctive uniforms. Here are some more details…
Claiming Deductions on Gifts & Donations
Want to claim a deduction on your tax for a gift or donations? Here’s what you need to know…
Tax Deductions for Doctors and other Medical Professional
If you’re a Doctor, specialist or other medical professional, it pays to learn what you can claim at tax time… Take a look
Tradies Tax Deductions
By Bottrell Group on June 1, 2018 in Australian Tax Office Updates, Hints & Tips, Interesting Articles
You can claim a deduction for expenses incurred as an employee tradie if: you spent the money yourself and were not reimbursed it was directly related to earning your income you have a record to prove it. Tips: Include all your income on your tax return – including cash! Use the ATO app’s myDeductions tool […]
Working From Home? Here’s what you can claim on tax
By Bottrell Group on June 1, 2018 in Australian Tax Office Updates, Hints & Tips, Interesting Articles
If you’re an employee who regularly works from home, you may be able to claim a deduction for expenses relating to that work. The Bottrell team are a group who specialise in accounting and tax for both individuals and businesses, as well as super funds. We support our clients and form strategies […]
Withholding tax for car allowances
Withholding tax for car allowances Withholding tax for car allowances The ATO has reminded that from 1 July 2015, car expense deductions for individuals were simplified. Prior to 1 July 2015, there were four methods for claiming car expenses: Cents per kilometre – capped at 5,000 kms Logbook – unlimited kms 12% original value One- […]
Check Out The ATO’s apps plus other online tools
Check Out The ATO’s apps plus other online tools As a result of user feedback, the ATO has improved their ATO Small Business app and it continues to expand in functionality and usability. Check Out The ATO’s apps plus other online tools by visiting the ATO website. The most useful features for small business include: ¨ […]
Other Deductions your Could Qualify For
Other Deductions your Could Qualify For What other deductions can employees claim? We have already explained some of the deductions you may be eligible for on this site. Whenever you spend some cash to earn income, you may be able to claim a deduction for it instantly or in future. There are some other deductions […]
ATO increases focus on rental property deductions
ATO increases focus on rental property deductions The ATO has advised that it will have an increased focus on rental property deductions this Tax Time. It says that it will be paying closer attention to excessive deductions claimed for holiday homes in 2015, and will also be actively educating rental property owners about what they […]
Standard Tax Deductions- Personal Tax
Source:- www.ato.gov.au Standard Tax Deductions- Personal Tax According to the ATO you need to have made the purchase in the course of earning your assessable (taxable) income and it must not be a private, domestic or capital expense. If the expense was both work-related and private or domestic, you can only claim a deduction for the […]
