Chartered Accountants

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P 02 9319 2504
E peter@itax.com.au

Office Address
Suite 42, 61-89 Buckingham Street
Surry Hills NSW 2010

Postal Address
PO Box 153
Strawberry Hills NSW 2012
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Latest Accounting News

  • Items that heat up your depreciation deductions

    With the winter season upon us, a number of property investors may be thinking of doing nothing more than curling up under a rug in front of a wood fire with a good cup of coffee.

  • Doing a budget is a good idea but ....

    ... available time usually stops most people.  On the other hand, if you use the budget tool on our site you can develop a budget over time rather than having to get it all done in one go.  Available 24/7 as well.

  • Government ‘undermines’ tax system in new moves on property expenses

    Newly-released draft legislation, which firms up the 2017 budget move to limit investors’ ability to claim travel expenses and depreciation deductions, will “upset the fundamental basis behind our tax system” according to an accounting body.

  • Taxpayer denied deduction for work expenses of $60,000

      The Administrative Appeals Tribunal (AAT) has confirmed that a mechanical engineer with a PhD qualification was not entitled to deductions for various work-related expenses totally approximately $60,000.