The government provides fuel tax credits for businesses with a credit for the fuel tax (excise or customs) that is included in the price o..

Businesses that are registered for GST are required to lodge a business activity statement (BAS). These assist in the reporting and paymen..

Tax audits are conducted when the ATO deems that a more extensive examination of an issue is necessary. These audits can be conducted on a..

There are various potential ways you can reduce the tax you pay. You may be entitled to tax deductions, offsets or you may choose to opt f..

Record-keeping, if done well, can help running a business much easier. It gives you an overview of the business’ financial progress so tha..

How much tax you pay on your super contributions and withdrawals depends on a variety of factors. The process takes into account your tota..

Businesses receive four different types of concessions on top of CGT exemptions and rollovers which are available to everyone. These allow..

There are different types of deductions that individuals can claim to reduce their taxable income. 

Work-related expenses

In order to clai..

Investment income needs to be included when conducting tax returns. This includes any income acquired through interest, dividends, rent, m..

Pay as you go (PAYG) instalments are payments you can make throughout the year to avoid accumulating a large tax bill to pay at the end of..