Tax tips for home-based businesses

Do you know what deductions you are eligible to claim as a home based business owner? Are you getting the maximum tax return due to you? You may be able to legally maximise your return simply by expanding your knowledge of what you are eligible to claim. Running a...

Special Tax Rules for Minor’s Income

Special tax rules are in place for income received by those less than 18 years of age (minors). The main intention of these rules is to discourage parents from diverting their income to their children. Minors who are residents of Australia but do not earn more than...