Why Do You Need A Registered Tax Agent?

Why Do You Need A Registered Tax Agent?

The Australian taxation system is one of the most complicated tax systems in the world. It does require experienced and registered tax agents to handle your reporting and dealings to avoid any unnecessary compliance risks and save you all the hassle. Generally, here are a few benefits below that matter to you. Meeting Deadlines Registered…

Major Benefits to Have A Family Trust?

Major Benefits to Have A Family Trust?

A trust or family trust is well known for its name only. Other than professional, the majority taxpayers do not really understand why they need a trust. The trust can be extremely complex system or just by itself. Today, let us only focus on TWO major benefits when having a family trust. Tax Efficiency As…

Applying the $20,000 instant asset write-off

Applying the $20,000 instant asset write-off

Small business owners can enjoy $20,000 instant asset write-off before the end of 2018 financial year. If the business does require new capital purchases (such as equipment, tools, office furniture, etc.), it may be a good idea to take the advantages before the end of the concession period. This may also significantly change your year-end…

Buying A Real Estate Property

Buying A Real Estate Property

Buying a real estate property is one of the major events in your life time. It can be the time when your biggest Australian dream comes true or a solid investment to safeguard your lifestyle. It is absolutely critical to achieve the best possible results for the issues below: – Which name (individual or entity)…

What deductions can you claim for an Airbnb host?

What deductions can you claim for an Airbnb host?

It is getting more and more popular for real estate property investors to get involved for Airbnb market. This is because the significant rental return as well as its flexibility compared to the traditional leasing activities. Now, the biggest question for investors is: what kind of deductions (to what extent) can you actually claim to…