Julia's Blog
By Julia Hartman
Download PDF Victoria appears to be looking to solve its state debt with land tax. Last year saw the vacancy tax extended to most of the state, except for Alpine resorts https://www.bantacs.com.au/Jblog/victorias-latest-vacancy-tax/#more-1701 There was also the dropping of the land tax threshold from $300,000 for the 2023 year to $50,000 for 2024 and …
Download PDF If a small business has installed, ready for use, energy efficient plant and equipment during the 2023-2024 financial year, they can generally claim 120% of the purchase price as a tax deduction. Due to the LNP and the Greens delaying the passage of the legislation through the Senate it became …
Download PDF 2024-2025 Federal Budget Summary This is a very succinct summary of the budget, just the parts that we consider relevant to our clients’ financial decisions. There is plenty of detail available on web sites and in the newspapers, this blog is intended to help you just get the information you need in …
Download PDF This is going to benefit all small businesses. We are even talking about your monthly Xero, MYOB or Quickbook subscription and the like. For every dollar you spend you get a tax deduction of 120%. Having only just made their way through parliament these extra deductions apply to expenditure incurred from 29th …
Download PDF – Updated 19th May 2023 Year End Check List HECS: This is top of the list because you need to act before 1st June 2023. Each year your HECS debt and other student loans is indexed for inflation on the 1st June. This year the indexing is expected to be around 7%. …