Helpful tips for knowledge and educational purpose
QuickBooks Online Running a small business is not easy. You have to think of business names, marketing, invoicing, receiving payments from customers, dealing with inqueries etc. Hence, having a system in place whether you are a small or big business is utmost important which can free up your time from the mundane routine administration tasks. […]
In this pandemic situation, we have no choice but to work from home to stop the spread. There are some expenses you might be able to claim for your 2020 tax return. In order to claim as deductions, these criteria have to be met, you must incurred these expenses eg, spent the money these expenses
Working From Home (WFH) – During COVID-19 – What you need to know for Tax Return Read More »
The strategy of a Bucket Company is surprisingly useful for a family trust to cap the amount of tax you or your family members need to pay. The term ‘bucket‘ is used because company sits below a trust and it is used to distribute income to it. It is good for tax planning and minimisation.
How Bucket Company works in Family Trust and what you should really know! Read More »
Prime Minister Scott Morrison has now unveiled a $66.1 billion support package, just 10 days after he announced an initial $17.6 billion package that included a supercharged instant asset write-off and SME cash payments. SME cash payments The second stimulus package will now build on the initial tax-free cash payments to small and medium businesses, rising to
Fresh $66bn package reveals bigger cash payments, access to super Read More »