Westcourt

Increased taxation on utes, trucks and panel vans

Recent taxation changes have effectively reduced the tax deductions on one tonne utes. A ute is not a car If you keep your company car garaged at the family home it is deemed to being used privately.  So employer will incur fringe benefits tax on the provision of the car – even if John uses… Continue reading Increased taxation on utes, trucks and panel vans

What are the tax consequences of buying a holiday home?

At this time of year many Perth families travel down south. The idea of buying a holiday home always comes to mind. And once you look at the costs of owning a holiday home Perth business families always think about the tax outcome of buying holiday homes. Because if a holiday home becomes tax deductible… Continue reading What are the tax consequences of buying a holiday home?

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