As the end of the financial year approaches, it’s essential to start thinking about tax planning strategies to minimise your tax burden and maximise your savings. By taking proactive steps to manage your taxes, you can keep more of your hard-earned money and...
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022 onwards, you can choose either to...
Organising your end-of-financial year documents now means you can get your tax completed earlier and maximise your return. Book a your tax return appointment now and rest easy knowing it’s under control. TSP Accountants are fully qualified and registered tax agents so...
Common Tax Deductions for Small Business Are you claiming all the business tax deductions that you are entitled to? There are many expenses common to most small business, and there are other expenses that are specific to the nature of the goods or services that your...
The thought of stepping away from your business for an extended period can be daunting, but it is important to make sure that you are prepared. Your systems should cope well enough in case something happens unexpectedly – whether this means sudden accidents or...
This month, our Director, Deidre Molloy was featured in the April edition of Hunter Business Review presenting the information in the attached article. Download the April edition to read the full article on the HBR site here or read below! TSP Accountants Newcastle...
