by Swot Accoountants | Oct 5, 2026 | Business News, Business Training, Capital Gains Tax (CGT), Companies & Trusts, Fringe Benefit Tax (FBT)
The first three months of the 2026/27 financial year have already passed. For many small business owners, October is a good time to stop and look at how the business is actually performing. Are sales where you expected them to be? Are your profit margins holding up?...
by Swot Accoountants | Sep 11, 2024 | Capital Gains Tax (CGT), Tax & Compliance
Negative gearing is a term that frequently surfaces in discussions about Australian property investment, often touted as a strategy to build wealth through real estate. While it can be an effective financial tactic, it’s essential to fully understand what negative...
by Swot Accoountants | Nov 29, 2022 | Business News, Capital Gains Tax (CGT), Tax & Compliance
There are three criteria that need to be satisfied to be able to claim a deduction for additional running expenses while working from home. Taxpayers must be working from home while carrying out their employment duties or carrying on a business They must incur...
by Swot Accoountants | Dec 1, 2021 | Business News, Capital Gains Tax (CGT), Tax & Compliance
THE THINGS YOU CAN CLAIM STRAIGHT AWAY Expenses for which you may be entitled to an immediate deduction in the income year you incur the expense: Advertising for tenants Bank charges Body corporate fees and charges* Cleaning Council rates Electricity and gas (while...
by Swot Accoountants | Jun 1, 2021 | Business News, Capital Gains Tax (CGT), Tax & Compliance
More than 600,000 Australians have purchased cryptocurrency assets in recent years, and undeniably many of them need some advice as we head towards tax time. While the Australian Taxation Office (ATO) has been watching cryptocurrency for years, their data analysis...
by Swot Accoountants | Mar 9, 2020 | Capital Gains Tax (CGT), Tax & Compliance
Did you know that the Australian Taxation Office (ATO) receives information from cryptocurrency-designated service providers about Australian taxpayers who engage in buying, selling, exchanging or transferring cryptocurrency since the 2014/2015 financial year? The ATO...
