Your Guide to the Federal Budget 2018 BUDGET UPDATE │ MAY 2018 The Federal Treasurer Scott Morrison handed down his third Federal Budget on Tuesday 8 May 2018. With an upcoming election, this year’s Budget contains a few apparent sweeteners to...
Read MoreBudget 2018: Black Economy Crackdown
Major Crackdown on the Black Economy BUDGET UPDATE │ MAY 2018 The Government will introduce 3 new key measures targeting Black Economy activities and illegal phoenixing.
Read MoreBudget 2018: R&D Incentives
Changes to Research & Development Incentives BUDGET UPDATE │ MAY 2018 The Government is reforming the Research and Development Tax Incentive (R&DTI) to reward additional investment in R&D while also ensuring the integrity and fiscal...
Read MoreBudget 2018: Good News for Small Business
Small Business $20,000 Instant Asset Write-Off Extended! BUDGET UPDATE │ MAY 2018 The $20,000 instant asset write-off is being extended for another 12 months for businesses with an aggregated turnover of less than $10 million so that it will now...
Read MoreBudget 2018: Lowering Personal Taxes
The Budget Sweetener Budget Update │ May 2018 Low and middle-income earners have emerged as the winners from the Budget. The Government unveiled their 7-year 3-phase plan, focusing on reducing the tax burden on individual taxpayers from 1 July...
Read MoreCapital Gains Tax on Share Investments
Buying or Selling Shares? Understand the Capital Gains Tax on Share Investments Author │ Renil Nair – MAS Tax Accountants Springfield Central May 2018 Are you currently investing or considering to invest in shares? When it comes to buying or...
Read MoreTax Returns for Medical Professionals Geelong South
Tax Solutions for Doctors, Nurses, Medical Professionals and Practices Author │ Lal Paulose – MAS Tax Accountants Geelong. P: 03 5222 3265 When it comes to looking after your tax responsibilities, we find that no two industries are the same. If...
Read MoreClaiming Business Website Expenses
Expensing and Depreciating Software and Website Costs Author │ Chris Ambler – MAS Tax Accountants Canberra April 2018 For many new and innovative firms in Canberra, software and app development is a key component of their business model...
Read MoreClaiming Rental Property Repairs: What You Can & Can’t Claim
Claiming the cost of repairs on a rental property? Tax Update│ April 2018 Need to do some repairs on your rental property? Know what you can and can’t claim this tax season. You may be able to deduct these repairs and maintenance...
Read MoreWhat Work-Related Expenses Can You Claim?
ATO Cracking Down on Your Work-Related Claims Tax Update│ April 2018 Did you know that the ATO scrutinises every tax return?
Read MoreInvesting in Bitcoin?
Know the Tax Implications of Bitcoin & Other Cryptocurrencies Tax Update│ April 2018 A bit confused about Bitcoin? What is it and what does tax have to do with it? Know the facts before you consider investing in...
Read MoreBusiness Tax Springfield Central
Supporting your Business at Every Stage: Business Tax Springfield Central Solutions You’ve taken the leap and are going into business for yourself. Running your own small business can be exciting but stressful, as you suddenly have a lot more...
Read More