Author: Jane Purnell

Now that the end of the financial year has passed, CPA Australia has alerted taxpayers to the Australian Taxation Office's (ATO) main focus areas for tax returns: rental property income, work-related expenses, and cryptocurrency profits. Scrutiny on Rental Property Claims Rental property owners should be meticulous with their claims, as the Australian Taxation Office (ATO) has heightened its scrutiny on various aspects of rental property deductions. One primary area of focus is the distinction between

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Whether you are a homeowner or a renter, everyone is entitled to live in their homes with peace and quiet enjoyment. This right, however, can sometimes be challenged by various disruptions, making it essential to understand how to protect it without undue stress.For renters in Queensland, the concept of "quiet enjoyment" is enshrined in the Residential Tenancies and Rooming Accommodation Act 2008. This legislation ensures that tenants can enjoy their rented premises without undue disturbance

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Heading into end of financial year tax time is a good time to begin thinking about, and brushing up on, understanding how to determine the tax deductibility of expenses.  The ATO allows for a wide variety of expenses to be offset against assessable income as part of your tax return.  This applies to not only individuals, but also companies, trusts and even superannuation funds.The ATO publishes a wealth of information on its interpretation of what

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