Work-Related Expenses Around 12 million Australians lodge a tax return every year. The Tax Office contacted around 350,000 of those taxpayers last year about errors or omissions on their returns and they expect similar statistics this year. Around half of those contacted last year were due to basic errors such as misspelt names or addresses, […]read more
ME Bank’s latest Household Financial Comfort Report finds that 19% of those surveyed haven’t budgeted for an interest rate increase. This is despite most economists agreeing that interest rate increases are on the way (although not necessarily imminently). Our view is that you have time to plan for the increases, so now is the time […]read more
Most of us are looking for a way to give our rental properties an ‘edge’ – something that will
fend off vacancies, will attract great tenants and will help us maximise rent. Providing furnished
accommodation can sometimes be that edge.
The ATO have released details of th eir Compliance Program that includes their intended audit targets for 2012/13. As expected, small to medium sized enterprises (SMEs) feature prominently with cafes, restaurants, real estate businesses and carpenters firmly on the ATO radar. Following the upgrade of the ATO’s computer system several years ago they have reduced […]read more