Questions And Answers
Read our expert answers to your questions
What is the difference between a business loss and a non-commercial loss?
Business losses and non-commercial losses can impact an individual’s or a business’s tax liability. They serve different purposes and have distinct rules and regulations.
First published 19 Sep 2024 | Last updated 20 Sep 2024
Can you claim a tax deduction for tax agent fees?
First published 22 May 2024
Last updated 22 May 2024
When is GST charged on food?
First published 17 Feb 2024
Last updated 17 Feb 2024
How does claiming depreciation benefit property investors?
First published 23 Jan 2024
Last updated 23 Jan 2024
Which accounting method is best for my business? Cash or accrual accounting?
First published 20 Jan 2024
Last updated 24 Jan 2024
How do I authorise TaxAssist Accountants to be my Accountant/agent?
First published 25 Oct 2023
Last updated 25 Oct 2023
Why is my tax refund less than I was expecting?
First published 24 Aug 2023
Last updated 24 Aug 2023
I’m a content creator. How will I be taxed?
First published 13 Jun 2023
Last updated 13 Jun 2023
What are the most common errors taxpayers make on their tax return?
First published 4 May 2023
Last updated 5 May 2023
How do I find the right accountant for my business?
First published 13 Mar 2023
Last updated 13 Mar 2023
Christmas events and gifts – what are the tax implications?
First published 2 Dec 2022
Last updated 14 Dec 2022
What is meant by KPIs and how will they help my small business?
First published 5 Oct 2022
I run a small business. How can I deal with late payments?
First published 8 Sep 2022
Do I need to lodge a TPAR?
First published 10 Aug 2022
Last updated 24 Sep 2022
Am I eligible for the newly expanded Low and Middle Income Tax Offset?
First published 19 May 2022
Last updated 9 Jul 2022