PAYG Withholding & Paying Workers
Let’s dive into one of the most important areas of Australian employer compliance – PAYG Withholding and broader employer payroll obligations.
Understanding Investment Income: Shares, Dividends & Franking Credits
Today we’re talking about investment income specifically, shares, dividends, and something called franking credits. If you have invested in the stock market, understanding these can help you maximise returns and reduce tax surprises. The information in this video is for general guidance only and may not suit your individual circumstances. Please consult a qualified professional […]
2026 Tax Planning: What You Need to Know for a Smooth Year
A new year is a fresh start and the perfect time to take stock of your finances, set goals, and plan ahead. Early planning means less stress, smoother cash flow, and a stronger start to the year. Note: This information is for general guidance only and may not suit your individual circumstances. Please consult a […]
Understanding Trust
Trusts play a major role in wealth management, investment, and business planning. But what exactly is a trust and how do trustees and beneficiaries fit into the picture? Let’s break it down. Note: This information is for general guidance only and may not suit your individual circumstances. Please consult a qualified professional before taking action. […]
Crypto Assets & Tax – What You Need to Know
Crypto Assets & Tax – What You Need to Know Whether you’re investing, transacting, or simply experimenting with digital currency, understanding how crypto assets are taxed can save you from costly surprises. Note: This information is for general guidance only and may not suit your individual circumstances. Please consult a qualified professional before taking action. […]
Build Strong Business Habits for Long-Term Success
Running a business successfully requires more than just a good idea—it takes discipline, structure, and the right support. At Elite Tax Success, we know that forming solid business habits can be one of the most important things you do to ensure your business thrives. By embracing digital tools, keeping accurate records, and seeking reliable advice, […]
Business Deductions – What You Can and Can’t Claim
Running a business comes with a range of deductible expenses but knowing what, when, and how to claim can make a big difference to your bottom line. Note: This information is for general guidance only and may not suit your individual circumstances. Please consult a qualified professional before taking action.
Property Investment- Repairs – Tax Fact
If you receive an insurance payout for property repairs, here’s something important you should know. That payout is generally considered taxable income—and it needs to be included in your tax return. Why is that? Because if you’ve claimed repair costs as a deduction, the payout is seen as a recovery of that expense and therefore, […]
Investment Property – Interests- Tax Fact
Are You Claiming Loan Interest Deductions Correctly? Many people don’t realize that loan interest on land purchases is only tax-deductible if the land is used to generate rental income! Example 1: You take out a loan to buy land, intending to build a rental apartment. Since the property will generate income, the interest on your […]
Investment Property – Repairs & Maintenance Tax Tips
Are you Ready to supercharge your rental property’s tax deductions? Here’s a smart tip :- When you’re doing both repairs and improvements on your rental property, always request an itemized invoice! Here’s why :- Repairs – These are deductible right away, saving you money this year. Improvements – These costs can be depreciated over time, […]