Recent legislative changes have now restricted the ability to claim certain rental property expenses. There are two main items where tax deductibility have been significantly reduced impacting on most investment property owners. Read on as we explore and explain the changes in relation to claiming Travel Deductions and Depreciation for your investment property.

As the end of financial year fast approaches, clients are reminded to consider their tax planning strategies to ensure prompt action is taken before the 30 June deadline. Below are some useful reminders and references for SMSF trustees in the lead up to 30 June.

30 June is fast approaching! With that in mind, now is the opportune time to plan for the 2018 Tax Year, so that you are not taken by surprise. Some areas of your business that you should consider to ensure you achieve the best tax outcomes are explained below.