Tax

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Instant write-off extended

By |2018-10-22T13:58:57+00:00October 23rd, 2018|Categories: Tax|

Great news for small businesses with an annual turnover of less than $10 million! The instant tax write-off of eligible assets costing up to $20,000 is now available through to 30 June 2019. This means that these small businesses can claim the business portion of the assets purchased and used this [...]

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GST misunderstandings

By |2018-07-07T18:36:21+00:00July 10th, 2018|Categories: Tax|

Australian businesses with an annual turnover of more than $75,000 must be registered for GST. Charging an extra 10 per cent on top of services sounds simple, yet a number of traps routinely catch small business owners. Businesses falling beneath the $75,000 threshold are not required to register for GST. Those [...]

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End of year tax tips

By |2018-06-26T11:04:30+00:00June 28th, 2018|Categories: Tax|

The end of the tax year is edging closer. If you haven’t planned how you will maximise your income and save some tax, take note! The most effective strategies are often the simplest and can be applied before 30 June this year whilst others should be considered for next year. Here are [...]

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Hands up – who wants to save tax?

By |2018-06-26T10:57:46+00:00June 26th, 2018|Categories: Tax|

Most investors and business owners are aware that the interest paid on an investment loan is generally tax deductible. These deductions can be maximised by prepaying the interest on the loan. To do this simply contact your financial institution and arrange to have all of the interest costs for the following [...]

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Markus Mobile Tax Accounting Services

PO Box 6197, Point Cook, Victoria 3030

Mobile: 0422 735 047

Web: Markus Mobile Tax Accounting Services

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