GST misunderstandings
This article looks at a few of the common traps small business operators can fall into when calculating and preparing their BAS returns. GST misunderstandings
Room to rent? Read this first.
This article is very handy for your clients who are thinking of renting out a room for travellers which is becoming a popular way to make some extra cash. It explains the tax implications (income and CGT) and outlines possible deductions to offset potential tax. Room to rent? Read this first.