You are excited. You have just been offered a position working offshore and are looking forward to new opportunities, learning a new culture and living in a new location. You are at a barbeque with friends one weekend and someone mentions that you have might have problems with moving offshore if you have a Self [...]
Monthly article archives: January 2011
Rental Properties – What can I claim
So you’ve just purchased your investment property and you are now wondering what you can claim on your tax return. Following are some of the common and some overlooked deductions that are available. Property must be available for rent It is important that the property is available for rent. This doesn’t mean that the property [...]
iPhone apps and business productivity
One of the most important parts of running any small business is making the best use of your resources. In practical terms, this means increasing productivity without spending a fortune. Several new iPhone apps allow small business owners and those who work for them to group similar tasks far more effectively, saving time and, most [...]
Expat Tax Australia – Working Outside Australia
Changes to Section 23AG have had a significant impact for expats in Australia and expats who are residents of Australia for tax purposes but working overseas. Implications (assuming Australian tax residency maintained): Foreign earnings will generally become/remain taxable in Australia PAYG obligation may apply for payer FBT will generally apply on assignment benefits Where foreign employment [...]