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Latest Expert Articles
Monthly tax tip: Vaccinations have been a hot topic lately and we have been answering a number of questions surrounding deductibility as there is a lot of confusion with this expense. Vaccinations are considered a private expense and therefore cannot be claimed as a tax deduction (even if it’s required by your employer/industry). Vaccination incentives…
Monthly tax tip: It’s that time of year again to talk about the tax implications of Christmas gifts given to employees and clients/customers. If you are hoping to provide gifts to your staff this year then the best tax outcome is to give non-entertainment based gifts that cost less than $300 per employee as the…
The end of the calendar year is nearing and of course that means Christmas and the holidays are right around the corner! If you are an employer than now is the time to start considering staff parties, bonuses, gifts and most importantly – time off. Although an end of year bonus or physical gift might…
Monthly tax tip: Staff expenses and amenities are often a point of confusion for business owners when it comes to deductibility – so let’s look at what can actually be claimed and what is often accidentally claimed. Amenities for staff can include toiletries and hygiene expenses, water, food and drinks. These expenses are deductible but…
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