From Air Fryers to Swimwear: Tax Deductions To Avoid

From Air Fryers to Swimwear: Tax Deductions To Avoid

As we head into the 2025 tax season, I’m reminded of some of the more creative work-related expense claims that have crossed my desk – and unfortunately, the ATO’s rejection notices that followed. While I appreciate entrepreneurial thinking, there’s...
How TSP  Helps Newcastle Businesses with Tax Compliance

How TSP  Helps Newcastle Businesses with Tax Compliance

As chartered accountants serving Newcastle businesses for over 4 decades, we’ve observed how tax compliance challenges can derail even the most promising ventures. We’ve seen ambitious entrepreneurs lose sleep over ATO notices, and we’ve helped...
Year-end Tax Planning: Opportunities & Risks

Year-end Tax Planning: Opportunities & Risks

With Year-end Tax Planning on our minds with the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny. Tax Planning Opportunities | Individuals...