Blog categorized as Guides

Are you overwhelmed by numerous opinions from well-meaning family and friends regarding your business? Read on to see tips on finding the most suitable mentors and business advisors.

Do you think you don't have enough money to start a new business? Find out the best options for you.

Are you equipped with the right data and information about your market? Read how market research can benefit your business.

Limited budget should not be a hindrance in starting a new business. Read our guide how to manage a limited budget.

Do you know how a good accountant can strengthen your business? Do you know how to find an accountant right for your business? Read our practical guide.

Tips on how to put a good succession planning in place.

Do you want to know what you should consider before you decide to buy an investment property?

Should your staff be contractors or employees? There are many factors to assess and it’s the business owner’s responsibility to get it right.

You may incur various types of legal expenses in relation with rental properties but all legal expenses are not claimable. Please read what is claimable and what is non-claimable.

Being tax-smart when investing in property means more than making the right property choices. If you use your property to earn income at any time, you will have tax obligation and entitlements.

If you take out a loan to purchase a rental property, you can claim a deduction for the interest charged on the loan or a portion of the interest. However, the property must be rented out or genuinely available for rent in the income year you claim a deduction.

You may be able to claim a full deduction for the cost of repairs and maintenance in the year that you incur them or capital expenditure and improvements over several years depending upon the fact if the expense is part of a repair or improvement.

This is all that you need to know about taxation on rental properties.

What are the top 3 mistakes taxpayers with rental property income make in their tax returns?

25 expense items that you can claim in your working from home deductions