Category: Tax Tips
The Low-Down on 2017 – 2018 Budget Changes
So what do some of the 2017 – 2018 Budget Changes mean for you? The instant asset write off of $20,000 will be extended for a further 12 months to…
Running A Family Day Care – Tax Return Deductions
When running a family day care business from home, you are entitled to claim tax return deductions for expenses related to the home. There are two broad categories of deductions relating to…
Child Care Taxes : Self Review Checklist
Have you performed your own “End of Financial Year Review” on your child care taxes? There are only a few days left to the end of the financial year and…
Be Tax Smart with Your Child Care Tax Return!
Most industries dont get a “get out of jail free card” – but Family Day Care owners sure do when it comes to being able to deduct costs associated…
Big Bland Tax Budget 2016-2017!
YAWN! Cant believe we stayed awake to listen to the budget! Good news though for Family Day Care owners is that GST is not being levied on child care fees!
Why Educators Need A Family Day Care Accountant?
Family day care educators must have an accountant. There are certain jobs that call for expertise. Just as you would run a family day care business successfully only if you…
Get the best results out of your family day care tax return!
Deciding what to buy can be a tough decision?! It’s almost the end of the tax year but it’s never too late to take advantage of available tax deductions…
How to run a family day care when you encounter roadblocks during set-up phase?
When you run a family day care business you can inevitably expect some roadblocks along the way. The most important thing is not to panic and act on emotion. Think about…
Why Family Day Care Start-ups Fail?
There could be many reasons why a family day care business fails. These include: The service provided may not meet the needs and expectations of parents of children in…
Claiming Motor Vehicle Expenses
If you use your motor vehicle for business purposes, you can claim the costs of using your motor vehicle on your tax return. From the 1st July 2015, there are…