Tips for small businesses to maximise asset related tax deductions

Cash flow is the lifeblood of any small business.  Whilst we spend and work hard on generating revenue every month to boost the bottom line, one of the easiest things we can do as a small business is to maximise the tax deductions available to us[...]

April 18, 2019

Instant asset write-off increased and expanded

After much speculation around just what the 2019 Federal Budget would include, on the 2nd of April 2019, the Federal Treasurer - Josh Frydenberg announced among other things, "additional tax relief for 3 million small sized businesses".

April 16, 2019

Depreciation for commercial properties

Many businesses, small and large, are in the process of finalising their business and individual financials for lodgement with the ATO over the next few months.

February 05, 2019

Instant asset write off extended and increased

Despite 12 months of campaigning by Council of Small Business Australia (COSBOA) and Australian Chamber of Commerce and Industry the government has not given Australia in to pressure to make permanent the instant asset write off scheme for small[...]

February 04, 2019

Refurbishing Business Spaces

The Australian Taxation Office (ATO) allows commercial property owners and tenants to claim tax depreciation for the wear and tear of their building, and  for the depreciation of their plant and equipment assets over time.  What many commercial[...]

April 24, 2018

The tax benefits hidden in your business fit-out

Whether you own or lease your business premises be sure you are not missing out on the tax benefits you could be claiming for the depreciation of your business fit-out.

November 01, 2017
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