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. …

Run my business from home – CGT implications and Record-Keeping

By Roger 21 December 2020Business, Assets, business structure, CGT, Company, Deductions, Expenses, Home Office, Individual, Mortgage, Properties, Record-Keeping, Rent, Tax Tips, Trust

What record do you need to keep when running a business from home? What if I sell my property? What's the CGT implications? Records you need to keep You need…

Run my business from home as Trusts and companies

By Roger 20 December 2020Business, business structure, Company, Deductions, Director, Division 7A, FBT, Fringe benefits, Home Office, Legal Entity, Loan, Properties, Rent, Tax Tips, Trust

Trusts and companies If you operate your home-based business as a trust or company, the business should have a genuine, market-rate rental contract (or similar agreement) with the owner of…

Run my business from home as Sole Traders and Partnerships

By Roger 16 December 2020Business, business structure, Deductions, Home Office, Tax Tips

Run my business from home as Sole Traders and Partnerships What expenses can I claim? - The types of expenses you can claim depend on how you operate your business…