Four rental property deductions under scrutiny this tax season
This tax time the Tax Office is specifically targeting excessive or inappropriate deductions made by rental property owners.
The Tax Office has revealed four problem areas where landlords may be incorrectly or inadvertently claiming deductions that don’t suit their circumstances. They’ve also included case studies so that landlords can clearly and easily identify if they’re being compliant in these areas.
Read MoreSimple steps… No regrets
Avoiding common financial traps by following some very simple steps could provide a healthy boost for your savings and retirement wealth. Here we outline several everyday errors that could affect anybody – from first-time savers to serious investors.
Read MoreTop 5 avoidable tax mistakes small business owners keep
It’s something of a little white lie, isn’t it – the one told to aspiring small business owners and entrepreneurs is that hard work guarantees success.
Read MoreClient in Focus: Hot Chilli Source
We speak with owners, Jason and Melanie Stenning, on the expansion of their business and their success over the last 12 months.
Read MoreTED Talks: Tom Wujec – Got a wicked problem? First, tell me how you make toast
Making toast doesn’t sound very complicated – until someone asks you to draw the process, step by step. Tom Wujec loves asking people and teams to draw how they make toast, because the process reveals unexpected truths about how we can solve our biggest, most complicated problems at work.
Learn how to run this exercise yourself, and hear Tom’s surprising insights from watching thousands of people draw toast.
Read MoreProtecting your Xero Organisation Online Security
There seems to have been an increase in phishing scams using Xero’s branding. A phishing scam is when a malicious email targets people by pretending to be from a legitimate company like Xero or a bank, to gain sensitive information such as login credentials.
Read MoreParliament gives Fair Work Amendments the Green Light
The Federal Parliament has finally passed a range of changes that have been ‘log jammed’ in the Senate for well over a year now.
Read MoreFood for (tax) thought, and the GST debate
There may be several positives to come out of the government’s push for tax reform, with the various submissions to its Re:think initiative from industry and the wider taxpaying community.
Read MoreTED Talks: Rainer Strack – The workforce crisis of 2030 – and how to start solving it now
It sounds counterintuitive, but by 2030, many of the world’s largest economies will have more jobs than adult citizens to do those jobs.
In this data-filled talk, human resources expert Rainer Strack suggests that countries ought to look across borders for mobile and willing job seekers. But to do that, they need to start by changing the culture in their businesses.
Read MoreLiving longer, working longer
A pattern developing in the workplace, and indeed being encouraged by government, is around continuing to work until later in life. What are the benefits of longevity in the workplace?
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