As part of its Coronavirus Stimulus Package, the Federal Government has recently announced the introduction of a new JobKeeper Payment to assist eligible employers, (and self-employed individuals), who have been impacted by the Coronavirus pandemic to continue to pay their workers.
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Just a reminder to all small businesses about the existing $20,000 immediate write off deduction. This deduction has been available since the 12th May 2015, when the government’s budget was passed down.
Read MoreTopics: Tax, Business Planning, Tax planning
Investing in Australian property has boomed over the past decade, in part due to the generous tax claims property investors can make. We have picked three tax deductions on property investment that, if properly claimed, can help investors reduce their overall tax liability come tax time.
Read MoreTopics: Investment