March Newsletter 2023
client alert tax news | views | clues Working from home expenses: new fixed rate A new revised fixed-rate method for calculating working from home expenses will soon apply. From 1 July 2022, employees who work from home can no longer use the 80 cents per hour “shortcut” method for claiming their related expenses. The … Continued
Read moreFebruary Newsletter 2023
client alert tax news | views | clues Non-deductible threshold removed for self education expenses Self education expenses are generally tax-deductible for individuals if there’s a sufficient connection with your income-producing activities.However, until new legislation was recently passed, the amount you could deduct was limited by s 82A of the Income Tax Assessment Act 1936 so … Continued
Read moreDecember 2022/January 2023 Newsletter
client alert tax news | views | clues Looming changes for the “buy now, pay later” market In a bid to protect consumers, the Federal Government has released a consultation paper seeking views on options to regulate the “buy now, pay later” (BNPL) market. Currently the BNPL space is unregulated in Australia and thus not … Continued
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