Tax Bill – I know I’ll have one this year what should I do? – BBQ Talk 24
I know I’m going to get a tax bill this year. So, am I better to wait until I have enough money saved to pay for the tax bill before I get my tax prepared?
$20,000 IMMEDIATE TAX DEDUCTION FOR SMALL BUSINESS ASSETS
Is Cash Flow a concern in your Business? One consideration is the instant tax deduction for assets costing less than $20,000 (i.e. up to $19,999 excluding GST), which allows Small Businesses to bring forward tax deductions that would otherwise be deductible over a number of years. Example: Ben runs a painting business with an aggregate […]
Putting my spouse on my tax return – BBQ Talk 23
How is my tax affected if I report my spouse on my tax return?
Late Lodgement Penalties, What can i do about it? – BBQ Talk 22
I was a bit late lodging my tax return this year and they have imposed penalties and interest on top of my tax bill. Have I got to just pay these extra costs or do I have the right to appeal?
Delaying Lodgement of Returns – BBQ Talk 21
Our neighbours suspect they will have a big tax bill for the 2015 year, but they don’t have the money to pay it. They’ve decided to delay lodging their 2015 return until December 2016 when they expect that they will have enough money to cover the tax they owe.
Honest Mistakes – BBQ Talk 20
Do I get in big trouble with the Tax Department if I make an honest mistake on my business or personal tax return?
BBQ Talk 19 – Inheritance
I am about to get an inheritance from my mother’s estate. We’ve got a home mortgage, investment loans, credit card debt and personal loans. Which should I pay off first?
BBQ Talk 18 – High Tax Returns
Some of my mates use their tax return to grab as much extra money as they can each year. How do they get away with it??
BBQ Talk 17
Claimable donations
BBQ Talk 16
Beryl and I have talked about changing accountants, but we’re concerned that it will be a difficult and messy process.
