Home office expenses and CGT implications

If you work from home, you may be able to claim a deduction for some of your expenses relating to the area you use. Generally, you can claim the deductions depend on whether any of the following applicable: you have a work area – a room or area set aside primarily or...

Urgent – Review your Contracts for Unfair Contract Terms

The Australian Consumer Law will protect small businesses from unfair terms in standard form contracts. What contracts are covered? The law applies to standard form contracts entered into or renewed on or after 12 November 2016, where: it is for the supply of goods or...

How to prepare for rising interest rates

Rising Rates Interest rates have been low for so long it’s tempting to think low rates are the new normal. So when the Reserve Bank suggests that a cash rate of 3.5 per cent is the new ‘neutral’, people take notice. Even the Prime Minister warned Australian...