September 7, 2020
This service may be fully funded by the regional business partners network. If your business qualifies, you can get our COVID-19 specific business support services (up to $2500 per service). The funding will not last forever, so let us know that you are interested...
February 23, 2017
Home Office Expenses for Business Owners
As accountants, one of our roles is to create tax efficiency for business owners. We do this, by ensuring a business claims all entitled expenses to reduce profit and therefore pays less tax. One expense that may reduce taxable profit is a home office expense claim. Home ...
Tax TipsCashflowCOVID-19GSTTax ChangesTax Efficiency and Business StructureAgBizAccountantsBusiness Health CheckCompany's - tax rate of 28%GST requirementsHome Office Expenses for Business OwnersIncome TaxInterest DeductionPay Less TaxRental Property TaxesStructuresaccountingAssetsBorrowingBright Line ExtensionBusiness LoansBusiness lunchesbusiness planningBuying a homeCapital GainsCash and ProfitCommercial BuildingsCompany Tax LossesContractorsCrypto TaxCryptocurrencyCryptocurrency TaxDeductible expensesdeductible for taxDepreciationEntertainment expensesEntertainment TaxFarming Deductions for Home OfficeFinancial expenditureFirst Home BuyerFixed AssetsHome OfficeHybrid BasisInvoice BasisLoss Carry-BackLossesLow Value Assetsminimum wageParents Gifting to ChildrenPartnership - taxed at each partner's marginal taxPayments BasisPropertyregistered for GSTTax DeductionTax PoolingTaxable PeriodTrustTrust Act 2019Trust's - tax rate of 33%Understanding TaxVehicle expensesvoluntary GST registrationWage subsidywages increase