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Tax Strategies

Tax Strategy Disclaimer

The content of these Tax Strategies is general information only. It is not and is not intended to be taxation, accounting, business, financial, legal or other professional advice and should not be acted or relied upon as such. Specific professional advice should be sought in respect of particular circumstances and requirements, as the information in these Tax Strategies may not be suitable or applicable to particular circumstances and should not be acted or relied upon. The authors have used reasonable endeavours to ensure that the content is correct and current but do not guarantee that it is correct or current and will not be liable or responsible if it is not. In no event will the authors or any related entity of those persons, or any of their directors, principals, agents, employees or representatives, be liable for any loss, damage, costs or expense (whether direct or consequential) incurred as a result of or arising out of or in connection with this content included in it in whole or in part including but not limited to any error, omission or misrepresentation. The authors also disclaim all representations and warranties, including but not limited to, warranties as to the quality, accuracy or completeness of the information of whatsoever nature and warranties of fitness for a particular purpose.

Tax Savings Strategy 198 | Health Coaching, Lifestyle & Weight Loss

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.

Tax Savings Strategy 197 | Long Service Awards

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

Tax Savings Strategy 196 | FBT Exempt Work Related Items

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

Tax Savings Strategy 195 | Taxi Travel

Employer provided taxi travel that is a single trip beginning or ending at the employer's place of work will be tax deductible to the employer and an FBT exempt benefit to the employee.

Tax Savings Strategy 194 | Corporate Box

This strategy involves purchasing a corporate box sponsorship package for the AFL Football, rugby, horse racing, speedway, etc.
This strategy involves purchasing a corporate box sponsorship package for the AFL Football, rugby, horse racing, speedway, etc
This strategy involves purchasing a corporate box sponsorship package for the AFL Football, rugby, horse racing, speedway, etc

Tax Savings Strategy 222 | Christmas Party

Holding a Christmas party on business premises during work hours is the most tax effective option for businesses.


Holding a Christmas party on business premises during work hours is the most tax effective option for businesses. 
Holding a Christmas party on business premises during work hours is the most tax effective option for businesses.
Holding a Christmas party on business premises during work hours is the most tax effective option for businesses.
Holding a Christmas party on business premises during work hours is the most tax effective option for businesses.

Tax Savings Strategy 191 | Pets in the Workplace

This strategy makes private pet ownership costs tax deductible. The workplace pet's food, vet, insurance, grooming and other costs will be tax deductible.

Tax Savings Strategy 157 | Pooled Development Funds

Pooled development funds (PDFs) are eligible investment companies that are registered under the Pooled Development Funds Act 1992 (PDF Act).

Tax Planning Strategy 156 | Using a SMSF to Undertake Property Development

Undertaking a property development in a SMSF can result in zero tax payable if the fund is in the pension phase (or 15% if the fund is in the accumulation phase).

Tax Planning Strategy 153 | Junior Mineral Exploration Tax Credit

The Junior Mineral Exploration Tax Credit (JMETC) encourages non-mining investors to invest in exploration companies and help fund their exploration activity.