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Our blog is created by us. It is our thoughts and ideas on how a family in business can become great.

Latest Posts

FBT and other taxes

If we're looking at fringe benefits tax, where we try and talk about it existing with other taxes is this concept of a r...

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Main residence exemption

The really important thing that's happening now, is that if you're a foreign tax resident of Australia, the main residen...

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How to sell your home tax free

If you're an Australian, your family home is often your largest asset. And the ability to sell back home tax-free is an ...

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Claiming deductions on home office costs

To claim the tax deduction in the home office, you need to maintain a full week office diary, which helps us apportionat...

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How to defend yourself against a preference claim

Basically, you're in business and someone pays you, they go into liquidation and the liquid they want you to pay your mo...

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Getting tax deductions on travel expenses

One of the biggest concepts in tax law is that you've got to have receipts to prove your expenses that you incur. When y...

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Claiming tax on business conferences

A lot of people think of a conference as a bit of a business junket, but from a tax point of view, there's a fine line ...

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Tax Audit: When is the best time to get ready?

Nobody wants a tax audit. It's always a little bit disconcerting when they come around. When should you get ready for a ...

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Death Taxes and how they affect you

We've actually been 40 years since Australia got rid of our death taxes, but a lot of us think that's the end of it and ...

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