Westcourt

The tax benefits of electric cars

With the increasing pressure to reduce greenhouse gases many people are touting the environment benefits of electric cars. However, part of the decision to purchase an electric car is a financial decision as well – and the financial impact of purchasing an electric car will be significantly impacted by the taxes and tax incentives of… Continue reading The tax benefits of electric cars

2021 Budget Highlights

Budget Highlights The Federal Budget contains a raft of tax changes.  We have summarised the relevant tax changes for our clients (with the most relevant at the top). Temporary full expensing Business can expense all plant and equipment purchased and installed before June 2023.  This is an extension of the previous position of having the… Continue reading 2021 Budget Highlights

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