As we are all wringing out our wallets to find the money to accommodate the increased prices across all industries, the pressure is not set to steady out any time soon. Because there are now 3 things in life that are certain, death, taxes and private health insurance premium increases.
Yes, it’s that time of year again! As the so-called ‘silly season’ gets underway, and with many employers reverting to pre-pandemic norms around meal entertainment, it is the perfect time to consider what benefits your business is going to provide to staff and how, with a little planning, employers might be able to avoid an FBT hangover.
When it comes to claiming working from home expenses in your tax return, taxpayers could soon be needing to make a choice. Deal with more paperwork at tax time to take full advantage of the claim, or face the prospect of a lower tax deduction.
In a bid to encourage home ownership in NSW, the state government has introduced the First Home Buyer Choice scheme which will allow eligible first home buyers a choice between paying an annual property tax or the traditional stamp duty
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