our latest news
Claiming Work-Related Expenses | Part 2 – Claiming Car Expenses
As we mentioned in the first article of this series; “4 Things You Should Know Before Claiming Work-related Expenses“, you may be entitled to claim certain deductions for work-related expenses in your tax return. But: You must have spent the money out of your own pocket You mustn’t have been reimbursed for it already It…
Read MoreClaiming Work-Related Expenses | Part 1 – 4 Things You Should Know!
When completing your tax return, you’re entitled to claim deductions for certain expenses directly related to your income. To successfully claim a deduction for work-related expenses: You must have spent the money out of your own pocket You must have not been reimbursed for it already It must be directly related to earning your…
Read MoreOutstanding or Late Tax Returns? 2 Simple Tips to Fix Them.
As you may know, it’s compulsory for Australians to lodge a tax return every year. Despite this, late tax returns are more common than you think. Many taxpayers find themselves falling behind and are embarrassed upon realising that they have multiple years of outstanding tax returns – whoops! Time can fly by so quickly, that…
Read MoreAlert: State Revenue Office Update – Residential Land Tax
Latest Notification from the State Revenue Office (SRO) due 15 January: “Notifications for vacant residential land tax and the absentee owner surcharge are due by 15 January 2019. If you made a notification last year, you only need to make a new one if your circumstances have changed.” Vacant Residential Land Tax: “If you own a property in one of 16 council areas that was unoccupied…
Read More10 Tips For Successfully Starting a Business
If you’re considering starting a business, there’s probably a million and one worries and concerns circling around in your mind. You’re not alone. Starting a business for the first time can be daunting, with many worried about experiencing failure. Despite once dreaming of becoming successful entrepreneurs, many never achieve it. Instead, they become burdened with…
Read MoreDownload your FREE Business Tax Return Checklist
You have Successfully Subscribed!
Download your Property Investor - Starter Pack
Enter your email below to receive your FREE property and tax guide now.
By joining the Knox Tax community you will also remain up-to-date with the latest news and tips from our team.
Success! Your Property Investor Starter Pack is on its way
Download your Small Business Start-Up Pack
Enter your email below to receive your FREE business guide now.
By joining the Knox Tax community you will also remain up-to-date with the latest news and tips from our team.