Capital Allowances & Capital Works (Rental Property)
Hello Visitors,This blog is regarding the deductions related to the rental expenses. Rental expenses are claimedover a period of several years. Here we are going to talk about the Capital expenditure. Capitalexpenditures are those expenses that we incur on the construction of capital works. Some of theseexpenses are the costs of construction of the building […]
How Artificial Intelligence Is Transforming the Accounting Sector in Australia
Artificial intelligence will amp up employee productivity by a whopping 40% by 2035(i). In the constantly changing tech world, artificial intelligence (AI) has become a real game-changer, transforming the way businesses operate. With its ability to boost efficiency and save time by automating tasks, AI is propelling businesses towards greater success. In the realm of […]
All You Need to Know About the First Home Guarantee Scheme
For many Aussies, buying a home is like checking off a mega dream from their ultimate bucket list! However, the process of owning a home can be daunting and stressful, especially for first-time home buyers. That’s where the First Home Guarantee scheme comes in! The Australian government has taken a proactive step to make homeownership […]
Top 7 Federal Budget 2023-24 Highlights
It’s that time of the year, mates! Australia’s Federal Budget 2023-24 is here and it’s making a tidal wave of opportunities in their latest fiscal masterpiece. From economic upgrades that’ll have you zooming down finances like a Formula One, to instant assets write-off that’ll have your inner businessman squealing with excitement, this budget is all […]