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Working From Home Deductions

By |2020-07-03T10:18:56+08:00July 3rd, 2020|Categories: Article, COVID-19|Tags: , , , , , , , , , |

Due to the global pandemic, many have found themselves working from home for the first time. If you’ve worked from home between 1 March 2020 and 30 June 2020, you may able to claim a deduction for home office expenses. The Australian Taxation Office has introduced a shortcut method to ease the compliance burden during [...]

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FBT Car Parking Changes – Deferred

By |2020-06-22T15:44:29+08:00June 22nd, 2020|Categories: Article, Small Business, Taxation|Tags: , , , , , |

The Australian Taxation Office has announced that its plans to update the rules surrounding car parking arrangements and fringe benefits tax have been deferred until next year. Originally planned to start from 1 April 2020, the changes mean that a car park that allows all-day parking but charges high fees to discourage such parking would still [...]

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