Business

The depreciation rules may change but the goal is the same

Filed in Articles, Business by on June 15, 2018 0 Comments
The depreciation rules may change but the goal is the same

Those considering purchasing an investment property will often ask whether a commercial or a residential property will provide them with more deductions in the form of depreciation. There are many important factors an investor needs to be aware of when making their choice between these two investment options. Types of depreciation, how the rules change […]

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Why Accounting is about more than the numbers!

Why Accounting is about more than the numbers!

Success is defined by many people in so many different ways. Whether it is money, status, accomplishments, family or feelings. For me, success is defined by the people with whom I am surrounded by. The article I was so privileged to feature in, is a bit about me and my journey to where I am […]

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Missed Deductions Add Up

Missed Deductions Add Up

BMTs system to maximise your claim Closed circuit television systems, garden watering systems, intercom systems and solar powered generating system assets are all assets which are often missed by property investors when claiming depreciation. These and other missed assets such as door closers, freestanding bathroom accessories, garbage bins, shower curtains and smoke alarms are part […]

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Annual Leave….to take it or leave it, that is the question….

Filed in Business, Individuals by on July 15, 2016 0 Comments
Annual Leave….to take it or leave it, that is the question….

How many hours are you putting into your business weekly? 40? 50? 60? 70-hour weeks? Sometimes even 80-hour weeks don’t feel like they’re enough to tackle the enormous to-do list you’re facing. There’s a quote that says, “Entrepreneurship is living a few years of your life like most people won’t so you can spend the […]

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The Essential Guide to Car Finance

Filed in Articles, Business, Individuals by on May 28, 2016 0 Comments
The Essential Guide to Car Finance

There’s a lot of ways to finance a car, and apart from ‘cash’ they’re all far from straightforward. If you want to make a smart business decision you need to get to the bottom of what’s the cheapest, most tax-effective way of owning the car, given your personal, and business related circumstances. Otherwise you could […]

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Engaging A Great Accountant Is The Most Important Task For Any Business

Filed in Business, Wealth Creation by on February 18, 2016 0 Comments
Engaging A Great Accountant Is The Most Important Task For Any Business

Financial integrity is everything when you’ve just started a small business, or even if you’ve been operating for a couple of years. Yet, the temptation is great to think that if you’re the owner you can handle all the accounting functions yourself. Isn’t that what Xero is for? The truth is, your time is more […]

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Crunch the numbers and save

Filed in Articles, Business, Wealth Creation by on November 5, 2015 0 Comments
Crunch the numbers and save

Want to be $96 per week better off? Before walking away from purchasing a first or next investment property, make sure to crunch the numbers correctly. That next bargain may actually be affordable if property depreciation is claimed. Astute investors will usually consider the potential rental return of the property, the property’s location in proximity […]

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Trade Support Loans

Filed in Business, In the News, Individuals by on October 5, 2015 1 Comment
Trade Support Loans

The Australian Government thinks that if you’re old enough to have a job then you’re old enough to manage a loan. To help young people on apprenticeships to government has introduced Trade Support Loans. These loans are not intended to spent on any specific items – they can be spent by the individual’s discretion, providing […]

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Depreciation for renovations made easy

Depreciation for renovations made easy

Investment property owners often miss out on thousands of dollars due to two main reasons: 1. They don’t know what depreciation entitlements they can claim for renovations or refurbishments to their investment property 2. They don’t use a qualified Quantity Surveyor to prepare a tax depreciation schedule Follow the steps below to ensure your tax […]

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Who Gets Tax Planning Advice?

Filed in Articles, Business, Wealth Creation by on May 7, 2015 0 Comments
Who Gets Tax Planning Advice?

WHO GETS TAX PLANNING ADVICE? Answer: “Successful People and Successful Businesses” All taxpayers are allowed to arrange their affairs in a manner that remains legal but which minimises their taxation liabilities. The late Kerry Packer once told a Senate enquiry, “Of course I am minimising my tax. And if anybody in this country doesn’t minimise […]

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