Whether you are new to owning an investment property or are a seasoned property investor with years of experience owning rental properties, here’s a list of tax deductions in alphabetical
Nearly everyone knows someone with a side hustle. Just to name a few examples, this may include backyard sale of plants, sale of home-made crafts via Facebook Marketplace, online sale
A sole trader is an individual running a business. It is the simplest and cheapest business structure. If you operate your business as a sole trader, you are the only
New to running a business and unsure how to pay yourself? Have you been regularly charging personal expenses to your business whenever you need to? Or do you simply take
What is a Private Ruling? A private ruling is the Tax Commissioner’s opinion on how tax laws apply to a specific situation, scheme or transaction. Private rulings are different from
The ATO states simply on their website that if you take out a loan to purchase a rental property, you can claim the interest charged on that loan, or a
In order to have clarity on your tax responsibilities in Australia, the first step is to determine whether you are considered a resident or non-resident for Australian tax purposes. This
