Blogs
So you joined a gym, but can you claim it on tax?
So another year has rolled around and your new years resolution is to join a gym. The question we often get asked after our clients pay for the application fee is can I claim it on my tax return? Sadly we have some bad news for you new gym goers. Even though there are…
Rubiix team does Movember
During the month of November 2018 the guys Ashley, Joshua, Ethan, Matthew, David and Stuart from Rubiix participated in “Movember”. The team “Rubiix Mo Credits, Mo Debits” did a fantastic job raising over $2,900 for Men’s health. The mustaches were great, however we…
Saving Tax on a Business Sale
Stuart Coulthard, a director of Rubiix had the opportunity to present in front of a room full of business owners in November 2019. He discussed strategies on increasing business profits and saving tax on business sale. It was a great presentation with lots of…
Guide to Motor Vehicle Deductions
Here we hope to explain the deductibility of motor vehicle expenses for our clients who use a motor vehicle for work These deductions are only for motor vehicles with a carrying capacity of less than one tonne. Motor vehicles that are excluded from this are; utility…
Overseas Investments and the ATO – What you need to consider
When you invest overseas, consider how that will affect your contributions to the ATO. Rubiix is here to guide you!
Improvements to GST Risk Assessment
Improvements to GST Risk Assessment Are you a business that has had a GST refund held up as a part of the ATO’s risk assessment program to verify GST refunds? The Inspector-General of Taxation (IGT) has recently completed and released his review into ATO’s practice…
Corporate Tax Rates: Recent Changes Give Certainty
Corporate Tax Rates: Recent Changes Give Certainty There’s finally some certainty about the corporate tax rate(s). Legislation has recently passed Parliament and the fate of other proposed changes has also been finalised. The law is settled, so it’s a good time to…
Reform of the ABN System
Reform of the ABN System The ABN system was originally introduced as a simple way to provide businesses with unique identifier when dealing with the government. It has since become a de facto licence to do business despite no substantial changes in the application…
Meaning Of Independent: Financial Advisers
Meaning Of Independent: Financial Advisers The terms “independent”, “impartial”, or “unbiased” or similar terms can only be used to describe financial advisory businesses that meet certain conditions under the Corporations Act. Such conditions include not receiving…
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