by epoch | May 10, 2023 | eNews
$20,000 small business instant asset write-off From1 July 2023 to 30 June 2024 Small businesses, with an aggregated turnover of less than $10 million, will be able to immediately deduct the full cost of eligible depreciating assets costing less than $20,000 that are...
by epoch | May 3, 2023 | eNews
From 1 July 2023, access to the Government’s Home Guarantee Scheme will be expanded to joint applications from “friends, siblings, and other family members” and those who have not owned a home for at least ten years. The eligibility...
by epoch | May 3, 2023 | eNews
The explosion of OnlyFans, YouTubers, TikTokers and others all offer an opportunity for ‘content creators’ to profit from the audiences they generate. But now the Tax Office has given notice to the booming industry. Back in October 2022, OnlyFans CEO Ami...
by epoch | May 3, 2023 | eNews
The Australian Taxation Office (ATO) has launched a full-on assault on rental property owners who incorrectly report income and expenses. Based on previous data matching programs, the ATO’s assessment is that there is a tax gap of around $1 billion from...
by epoch | Apr 21, 2023 | eNews
When you start a business, it inevitably consumes not just a lot of time but a lot of cash, and much of this is money you have already paid tax on. So, it only seems fair that when the business is up and running, the business can pay you back. Right? There are myriad...
