Motor vehicle expenses for small business: Things you need to know or else a claim may not be allowed It is a well know fact that motor vehicle expenses that are incurred as part of the everyday running of a business can be claimed as a deduction. However, as with everything, there are rules governing…
Owner’s Corporation Tax Return – Strata Title Body Corporate Tax Return: What is a strata title body corporate or owner’s corporation tax return? A strata title body corporate operates under an arrangement of principle of mutuality. The Australian Taxation office treats a strata title body corporate or an owner’s corporation as a public company for…
Late/Overdue Business Activity Statement Lodgement Help: Sometimes small business owners get tangled up with running their businesses and ensuring that the business runs smoothly and in doing so lose track of their tax obligations. The result: Overdue/Late Business Activity Statements (BAS). There is so much to accomplish for business owners in a set limited timeframe…
