What types of legal expenses are tax deductible? When a legal expense is incurred in relation to the operation of a business to produce assessable income, it is generally allowable as a deduction.Read more
A travel allowance is a payment made to employees to cover accommodation, food, drink or incidental expenses they incur when they travel away from their home overnight or longer in the course of their duties.Read more
Need help with starting or growing your business? The government’s small business website business.gov.au hosts a free online tool to help businesses find government advisory services in their local area.Read more
March 31 and the end of the FBT year is around the corner, so to help taxpayers get things right, the ATO has made public the fringe benefits tax issues that attract its attention.Read more
The ATO has been sending some mixed messages about property development involving an SMSF, and has indicated that it is one of the issues on its radar for 2018.
Partnerships are generally set up so that all partners are equally responsible for the management of the business, but each also has liability for the debts that business may incur.Read more