What you need to know about luxury car tax
What's New
Recent Posts
Difference between website and social media for businesses
Businesses may be questioning whether they need to create a website if they have a social media presence. However, each plays a distinct role in the formation of a brand identity and therefore, both are important. Social Media Social media is straightforward and simple to set up, with no maintenance costs. It allows businesses to…
Tracking your spending to spend less and save more
It’s hard to know where to start when you decide to take control of your money. It can be helpful to know exactly how much money is coming in and going out to start this process. Understand where your money is going Although it can seem daunting to track every dollar you spend, it will…
What is an annuity?
An annuity provides guaranteed income for a number of years, or for the rest of your life. It is also known as a lifetime or fixed-term pension. You can buy an annuity from a super fund or life insurance company. You are able to choose whether you want the payments to last for a fixed…
Claiming your tax deductions
There are different types of deductions that individuals can claim to reduce their taxable income. Work-related expenses In order to claim work-related tax deductions, the expenses must have to meet three criteria. Firstly, all the expenses have to be paid by the individual, without being reimbursed by the employer. Secondly, they must be directly related…