Accounting, Taxation, Audit, Self Managed Super Funds, Goodwin Chivas & Co, Baulkham Hills, NSW, Australia

Bookkeeping

Reading Room - Bookkeeping

July 15, 2024
The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving tax, it’s never that simple.
Business owners in their cafe - looking at the camera, smiling.
June 9, 2024
There are a series of bonus deductions available to small business in 2023-24, these include the instant asset write-off, energy incentive, and the skills and training boost.
June 9, 2024
Take advantage of the 1 July 2024 tax cuts by bringing forward expenses into 2023-24. Prepay your deductible expenses and make deductible super contributions.
May 24, 2023
The ATO has a new approach to deductions for costs when you work from home. From July 2022, you can choose a fixed rate or actual cost method.
Man sitting at a desk chatting to a colleague via video conference
August 11, 2022
The ATO has updated its guidance on claiming deductions for working from home expenses. Taxpayers must genuinely be working from home to fulfil their employment duties or be carrying on a business activity in order to claim deductions.
August 3, 2022
The fundamental aspect of Record Keeping 101 is that you can’t claim it if you can’t prove it. If you are audited, the ATO will disallow deductions for unsubstantiated or unreasonable expenses.
Show More
Share by: