Blog

July 9, 2016

Asset Protection Strategies

Tax planning should not be the main reason for accountants in selecting a specific business structure. An important factor when selecting a business structure really should […]
July 9, 2016

Do you need to lodge a tax return?

If you earn a salary you probably do. You must declare all your income but you can also claim your work-related expenses. The complete details pertaining […]
July 9, 2016

Sole Trader v/s Company

BookSmart Accountants Cranbourne has ample of experience in providing business advice to all businesses in Cranbourne and beyond; no matter how big or small your business […]
July 9, 2016

Accountants Melbourne

At BookSmart Accountants we get to know our clients and their businesses in detail by maintaining an ongoing conversations with them throughout the year, we take […]
July 9, 2016

Having A Tax-Free X-mas?

Reward your employees Rewarding your employees is a very crucial part of giving back to your employees due to the hard work and effort, but having […]
July 8, 2016

Holiday Home Rentals

Dont Get Caught Out!!! Tax Office has advised Tax Agents that it is increasing the focus on the investment property deductions in 2015 Tax Returns. ATO […]
July 8, 2016

Overtime Meals Allowance

You should be able to claim a tax deduction for overtime meals provided:   You received Overtime Meals Allowance from the employer in accordance with the […]
July 8, 2016
Travel-expenses

Travel Expenses Deduction

Do you travel for work purposes and not sure what you can claim, read further to find out what constitutes as work related travel. Car Expenses: […]
July 8, 2016

Defence Force Employees

Australian defence force personnel are able to claim work related deductions as long as they are not incurred in the process of earning tax exempt income. […]