Business Deductions

A series of expenses determined by taxation law that can be deducted from your income.


Fringe benefits tax (FBT): Is your business compliant? A fringe benefit is a benefit provided to an employee (or their associate) generally by an employer in connection with their employment arrangements. Fringe benefits tax (FBT) is the tax payable by an employer (separate from income tax) as a result of taxable […]

Is your business FBT (Fringe Benefits Tax) compliant?


Small businesses are important to the Australian economy. In fact, recent statistics suggest that about half of all productive working Australians are employed by small businesses, not to mention the many micro business one person sole trader operators. Money spent in local small businesses continues to circulate within the community […]

Small businesses and the Australian economy


How to maximise your tax return refund The key to maximising your tax return refund is having all the necessary information ready to help your accountant get you the best result for your situation. Many clients ask ‘What can I claim as a tax deduction on my tax return?’ Unfortunately, […]

Preparing information for your tax return



When claiming a deduction for work-related Motor Vehicle expenses, many taxpayers miss out on maximising their claim due to inadequate record keeping. To maximise the deduction for Work Related Car Expenses, taxpayers should maintain a Motor Vehicle log book record. Without a valid log book, your Accountant will be limited […]

Maximise your Car Expenses Tax Deduction