Tax Strategies

The benefits of using a private company to accumulate investments.

This strategy involves having a company’s ordinary shares owned by a family trust structure (instead of the individual directors).

This strategy involves purchasing a loss-making business and taking ownership of the company structure (to access the accumulated tax losses).

3 typical tax deductions for granny flats. Granny flats must be self-contained with their own kitchen, bathroom, and living space.

Language training courses designed to teach English or explain Australian citizenship and lifestyle to a person who is, or intends to become, an immigrant of Australia are tax deductible to the employer and FBT exempt.

This strategy is about using your private vehicle to operate an Uber business and make additional income (whilst at the same time making your private vehicle expenses tax deductible). 

This strategy involves employee’s salary sacrificing $1,000 of wages income (which is taxable) for $1,000 of employer provided goods or services (which is tax free).

Work-related counselling provided to employees (and their associates) in order to improve or maintain their efficiency at work or prepare them for retirement will be tax deductible and FBT exempt.

Long service awards granted in recognition of 15 years or more service are tax deductible and FBT exempt up to a certain amount.

Providing the following 5 work related items to employees is tax deductible and FBT exempt.