Self-education: What can you claim?

Self-education: What can you claim?

The Australian Taxation Office have released a new draft ruling on self-education expenses. We revisit the deductibility of self-education expenses and what you can and can’t claim. If you undertake study that is connected to your work you can normally claim your...
Is a second job worth it?

Is a second job worth it?

In an Uber the other day, the driver revealed that he had become a driver to pay for his second mortgage. He invested in property but with interest rates spiking, the only way he could hold onto the property was to earn additional income. His “day job” starts early...
Your dates for July & August 2023

Your dates for July & August 2023

With the start of the new tax year upon us, please do not forget about your final tax obligations for 2023. Here is a list of key tax dates for July and August 2023. For most of you, this means finalising your general ledger accounts in order to get the necessary...