Inline Partners Blog
Here you will find our thoughts, resources and answers to your bookkeeping, accounting and tax questions.
Business Tips, Ideas & Support Articles
Why Your Business Needs a Budget
Budgeting (or forecasting) is vital to the ongoing success of your business. It helps ensure that, no matter what the world throws at you or
Tax Tips: Renting out your home
Have you ever thought about renting out your house as a short-term rental on a platform such as Airbnb or Stayz or through an agent?
Technology Boost 20% Bonus Tax Deduction
Under the technology boost, small businesses may be able to access a bonus 20% tax deduction on eligible technology expenses and depreciating assets which are used to
Protecting a Legacy: The Challenges of Passing on the Family Business
When it comes to mixing family and business, there are two schools of thought. Firstly, it’s a bad idea as it will affect your ability
See into and plan for the future, using your accountant’s crystal ball
Recent ATO guidance expands the Unrelated Client test for PSI and tax. Just having a social media presence won’t avoid PSI issues.
EOFY is almost here: Brace Yourself for an ATO Clampdown
The end of financial year is almost here and there is little time left to get your affairs in order. This year, there are some
Electric Vehicles and Fringe Benefits Tax (FBT) Exemptions
Electric Vehicle FBT Exemption: What’s Behind the Fashionable Concession? Your Questions Answered What type of Electric Vehicle is exempt? First, the Electric Vehicle must
New Working From Home Deduction Rules – Changes to Recordkeeping
Employees who work from home can claim limited deductions against their personal tax for some expenses incurred at home. The ATO has just changed how you calculate and support those deductions. In short, from now on you must have evidence of your expenses and hours worked from home, even for the fixed rate method.
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