2022 End Of Financial Year Checklist
Maximise your tax deductions for the 2021-22 financial year by conducting a thorough review of your records. But to do…
Pat Mannix Archive
- Tax ·
Are your donation claims tax-deductible?
The ATO have advised to check your paperwork before claiming deductible contributions.
- Tax ·
The ATO Focus On Working From Home Expense Claims | Income Tax Returns
Pat Mannix talks about Working From Home Expense Claims. What are the ATO rules on this? What home office expenses…
Annual Federal Budget 2022-23 Update
Find out what’s for you in the latest Federal Budget release. Check out this informative short video with the hot…
Temporary Full Expensing | Small Business Asset Write-Offs
Let's talk about Temporary Full Expensing (TFE). What is TFE? What assets can I write-off? What date do you need…
- Tax ·
Immediate Deductions Extended
Legislation passed by Parliament last month extends the Temporary Full Expensing rules to cover assets that are first used or…
What is a Director Identification Number? | Why do I Need a DIN?
Pat Mannix talks about Director Identification Numbers (DIN). What is a DIN? Why do the directors of Australian companies need…
- Blog ·
The ATO’s Attack on Trusts and Trust Distributions
Late last month, the Australian Taxation Office (ATO) released a package of new guidance material that directly targets how trusts…
Kids Over 18 in a Family Trust | Distributions
Pat Mannix talks about the distribution and tax changes that occur within a Family Trust once a child is over…
Understanding Your Profit & Loss and Balance Sheet Statements
As a business owner it’s crucial that you keep track of your finances. You don’t need to be an expert…
Update on Temporary Full Expensing – Will It Affect Your Business?
Temporary full expensing (‘TFE’) provides support for businesses, and it encourages investments. Is your business eligible to claim an immediate…
Checklist for Starting a Business
All businesses start with a skill, idea or opportunity. But you’ll need more than this to make your business successful.…
