Price Roberts + Co » Accounting http://www.priceroberts.com.au Chartered Accountants Fri, 25 Aug 2017 14:35:46 +0000 en-US hourly 1 https://wordpress.org/?v=3.9.33 2017 Federal Budget Tax Issues http://www.priceroberts.com.au/draft-3-2/ http://www.priceroberts.com.au/draft-3-2/#comments Fri, 21 Jul 2017 13:58:05 +0000 http://www.priceroberts.com.au/?p=1990 Rental property travel expenses no longer tax deductible From 1 July 2017 rental property owners will be unable to claim a tax deduction for travel expenses related to their rental property.  Unfortunately this includes all travel costs eg. to inspect the property, collect rent, perform repairs, collect replacement items or meet with a property manager/tenant. […]

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]]> http://www.priceroberts.com.au/draft-3-2/feed/ 0 2017 Tax Planning http://www.priceroberts.com.au/draft-3/ http://www.priceroberts.com.au/draft-3/#comments Fri, 21 Jul 2017 13:41:17 +0000 http://www.priceroberts.com.au/?p=1982 General concepts of tax planning involve: Delaying the derivation of income – you might not deposit income if on a cash basis, or delay invoicing customers until 1 July if on an accruals basis, of recognising the derivation of income; Bringing forward deductible expenses or losses – consider buying items a little earlier than needed […]

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