Category «Small Business»
Doctors working in Medical Centres – GST and Income Tax
Download PDF Primarily this blog is intended for recently qualified doctors and dentists starting work in a practice. Once you move on to acquiring assets and an ownership interest in the Medical Centre this will open up further opportunities for tax strategies and responsibilities. We touch on this towards the end so you can …
Victorian Land Tax Grab – Far Reaching Ramification of Reducing the Threshold to just $50,000
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 …
The 2024 Energy Efficiency 20% Bonus Tax Deduction
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 …
Federal Budget 2024-2025
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 …
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