What is fuel tax credits

By Roger 23 October 2021BAS, Bookkeeping, Business, Cars, Company, construction, Expenses, Fuel tax credits, Motor vehicles, Record-Keeping, register, Tax Tips

What is fuel tax credits? Fuel tax credits provide your business with a credit for the fuel tax (excise or customs duty) included in the fuel price. If you claim…

Big Changes-Short-term Rental-1 Nov

By Roger 18 October 2021Rent, Business, register, STRA

Changes for short-term rental accommodation register before 1 November 2021 Do you have short-term rental accommodation (STRA) properties? You need to register before 1 November 2021 to let out your property. …

The right way to claim a tax loss

By Roger 12 October 2021Business, Can and Cannot, Company, Deductions, Expenses, income, Loss, Record-Keeping, Tax Loss, Tax Tips

Generally, you make a tax loss when your business expenses are more than your income. If you make a tax loss, you may be able to: claim it in the…

Use your home as your main place of business

By Roger 11 October 2021Bookkeeping, Business, Home business, Home Office, WFH, Work from Home

If you’re a sole trader or operate your business as a partnership, you may be able to claim some running expenses if your home is your main place of…