Serving Sydney’s Inner West
5 financial lessons every parent should teach their child when they get their first job
A first job for a teenager is a big milestone. Not only do they get to earn their own money, but they revel in the independence, it’s a rite of passage and an important time in their lives. Continue reading “5 financial lessons every parent should discuss with their child when they get their first job”
So, you have a spare room and could use some extra cash… aha Airbnb you’re thinking. Not a bad idea really because as well as the side hustle cash benefits, Airbnb can be a great way to meet new people.
But before you sign up, don’t forget about what this little bit of income on the side means for tax. Continue reading “Airbnb – The tax tips & traps”
According to recent press releases from the Tax Office, there will be more than 1 million Australian taxpayers being contacted about their 2017/18 tax returns…. and you’re not alone if the thought of a call from the Tax Office makes you a little nervous! The latest estimate suggests that errors and fudging in tax returns costs the Government $8.7 billion per year. Continue reading “How to maximise your tax refund…. without panicking about an audit!”
So it’s a new financial year and you’re probably wondering what 2018-19 will bring for your business, with lots of questions and unknowns…
Will you keep doing the same as usual… or are you planning on how you’ll grow your business? Continue reading “How is your financial future shaping up for 2018/19?”
One of the things i am most often asked by clients, is whether they can claim work clothes as a tax deduction. The good news is there are certain circumstances where you can claim work clothing as a legitimate tax deduction… but of course there are some guidelines that need to be adhered to. Continue reading “Can I claim work clothes as a tax deduction?”
