General (148)
Client Gifts Deduction
Giving gifts to clients may help you win new clients and generate more income for your business, especially at Christmas time. Under Australian Tax Office (ATO) rules, gifts given to a current or former client may be deductible at tax time if they are offered with the intention of generating future assessable income.Gifts may be classified as “entertainment” and therefore not claimable. Gifts such as a holiday, membership to a club, or tickets to a theatre, sporting or musical event are considered to be “entertainment”. For gifts such as wine, food, hampers, vouchers, etc., these are not considered to be entertainment. Client Gifts
Car Expenses Deduction
If you use your own car for work purposes (this may be a car you own, lease or hire under a hire-purchase agreement), you can claim a deduction using either the cents per kilometre method or logbook method.You can claim a deduction for car expenses if you use your car to:· perform your work duties· attend work-related conferences or meetings away from your normal workplace· travel directly between two separate places of employment if neither of the places is your home· travel from your normal workplace to an alternative workplace and back to your normal workplace· travel from your home to an alternative workplace and then to your normal workplace· perform itinerant work – meaning you had shifting places of employment (for example, you regularly worked at more than one site each day before returning home). Car Expenses Deduction Link
汽车费用抵扣
如果您将自己的汽车用于工作目的(这可能是您自己拥有的,或者根据租购协议,租赁或租用的汽车),则可以使用每公里澳分法或日志记录法要求抵扣所产生的费用。如果您将汽车用于以下用途,则可以要求抵扣汽车费用:•履行工作职责•在正常工作场所以外的地方参加与工作有关的会议•在两个单独的工作地点之间直接旅行, 如果您的家不是任何一个工作地点•从日常工作场所到替代工作场所,然后回到日常工作场所•从家到其他工作场所,然后再到日常工作场所•进行巡回工作–意味着您的工作地点有变动(例如,您每天回家之前经常在多个地点工作)。汽车费用抵扣链接
Pay As You Go (“PAYG”) Withholding and PAYG Instalment
In terms of superannuation withdraw, you can only have early access to your super in very limited circumstances.This article will be focus on below two circumstances, which are COVID-19 early release of superannuation and departing Australia superannuation payment (DASP). PAYG Withholding and PAYG Instalment Link