by Stellar Accounts | Bookkeeping for Tradies, Business Tips, Small Business Accountant, Small Business Deductions, Sole Trader Tax Returns, Tax Deductions
Say goodbye to the year-by-year guessing game. The federal government has officially locked in the $20,000 Instant Asset Write-Off as a permanent fixture of the Australian tax system. If you are a small business owner or sole trader, here is what this means for your...
by Stellar Accounts | Sole Trader Tax Returns, Tax Deductions
As a sole trader, you’re not required to pay yourself Superannuation Guarantee (SG), but making voluntary super contributions is one of the smartest tax moves you can make before EOFY. It can significantly reduce your taxable income while boosting your retirement...
by Stellar Accounts | Blog, Tax Deductions, Tax Deductions for Vacant Land
If you hold vacant land which you intend to build an investment property on, then you may be interested to learn about the changes to deductions for vacant land which were brought in by the federal government last year. The changes to the legislation were put in...