Category: tax accounting
Tax Planning Software
Over the last the ten years tax planning software has taken an adhoc, manual, time consuming process to a new level of efficiency and ...
Calculating the Fee – Value Pricing
With value pricing the fee is based on the value added to the client, not the number of hours you spent working on the ...
Educating Clients on Tax Planning
This involves educating taxpayers on the opportunities they have available to personally save tax. This step involves no selling at all, and is strictly ...
Tax Planning vs Tax Avoidance
'The difference between tax planning and tax avoidance largely comes down to intent. Tax planning, is organising your clients’ tax affairs in the most ...
10 Countries with No Income Taxes
Australia is a high taxing country and has a corporate tax rate of 27.5% or 30%, and marginal tax rates for individuals as high ...
Top 10 Tax Policies of the Australian Labour Party
Most bookmakers have the Australian Labour Party as unbackable favourites to win the May 2019 Federal election. As such, subject to successfully negotiations with ...
7 Weird Tax Deductions
Breast implants – In the US Chesty Love (a stripper) received a tax deduction for her size 56N breast implants as they were required ...
Eight Pets That Can Be Tax Deductible
Dogs on farms for rounding up sheep, cattle and other livestock.Fish at workplaces (office and factories). Birds at the workplace. Guard dogs at factories.Dogs ...
Property Values in Freefall
A negatively geared rental property is where borrowed funds are used to invest in property and the income generated (at least in the short ...
Ten Deductions Employees Should Never Have Claimed
Adult industry workers claiming breast implants.Employees claiming cigarettes for stress relief at work.Driving instructors claiming speeding and parking fines.Prescription glasses, contact lenses and hearing ...