tax deductions
Working From Home Tax Rules With a new norm surrounding how Australians work (hybrid, remote or office-based), there has been a change in how work-related expenses will be claimed this year during tax season. Where once the expenses and claims that needed to be made during tax return season could be more clearly defined in …
Cryptocurrency and Tax Cryptocurrency is a speculative asset, prone to market fluctuations and public opinion. Using it for investment purposes is not without risk, and those who choose to do so must also consider the tax implications of their investment. Whether you have made a profit or a loss with your crypto, it must be …
Fly In Fly Out Worker Tax Deductions Fly-In Fly-Out (FIFO) workers are subject to special tax rules and deductions. Here are a few highlights. Working remotely – zone tax offset You may be eligible for a ‘zone tax offset’ if you live in a remote or isolated area of Australia (but not an offshore oil …
Plumber Tax Deductions As an employee, Plumbers can deduct expenses related to their work, including car, travel, tools, clothing, and self-education. Deductions for work-related expenses can be claimed as follows: The money must have been spent by you and you weren’t reimbursed Your income must be directly related to it It must be documented. The …
There are a number of different business structures available, including sole traders, partnerships, corporations, and trusts. Among the foundations of a successful business are a tax structure and accounting software, adequate and appropriate insurances, as well as a marketing plan and a lead generation website. Business structure advice always takes into consideration: Minimizing income taxes …
Construction Worker Tax Deduction Checklist A Tailored Accounting Solutions tax consultant is here to help you, and they know all the deductions that workers in the construction and building sector can claim. They’ll make sure you don’t miss a dime! What deductions can I claim? Construction workers can claim a variety of deductions, including: The …
Personal Trainer/Instructor Tax Deductions For the most optimal tax result, you need to understand what you can – and can’t – claim against your taxes, so here’s my list of deductions all fitness workers should consider this year. The team at Tailored Accounting Solutions have you covered your tax. The cost of travel and meals …
What Tax Deductions can a Nurse claim? Now more than ever, health care professionals like nurses, midwives, and direct carers are an essential part of our society – and we want to make sure you get every possible deduction and benefit. This tax season, our tax agents can help you claim a wide variety of …
Tax Deductions for Tradies – What can a Tradie claim? (Accountants for Tradies | Melbourne | TAS) Read on to learn more about Tradie Tax Deductions! Can I claim tools and equipment? If you have paid for the tools and use them in your business or job, you can deduct them as a tax deduction …
- « Previous
- 1
- 2