Maximising Employee (and Director) Working from Home Expenses Claims
The ATO simplifies the rules (a bit).
For the past few months, our cities and office towers have been almost empty. People are working from home.
Even as we contemplate a future return to work, there is a realisation that work habits, social … Read more
Why is cash more important right now than profit?
How much cash is tied up in your business? It is easy to see. Every time you look at a set of accounts, the balance sheet shows you the breakdown.
Of particular interest is that component that is the liquid part … bank accounts (positive or … Read more
Tax Deductible Meals for hard working business owners
We thought that you might like to know…
Yes, it is possible to have any meal that you provide for you (and any of your employees) to be:
Fully tax deductible,
GST claimable, and best of all
FBT does not apply.
There are a … Read more
What’s my business worth?
Ask most business owners what they think their business is worth and the answer is usually “no idea”. In fact, they have always wondered about value even if there was never any inkling to sell. Most generally have an idea but sometimes widely … Read more
