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work-related expenses
Government announces changes to proposed Changes ‘Stage 3’ tax cuts Despite previous assurances, and after much speculation, the Government has announced tweaks to the’Stage 3′ tax cuts that will apply from 1 July 2024. More particularly, the Government proposes to:  reduce the 19% tax rate to 16%; reduce the 32.5% tax rate to 30% for…
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Tax saving strategies prior to 1 July 2021   A strategy often used to reduce taxable income (and, in turn, tax payable) in an income year is to bring forward any expected or planned deductible expenditure from a later income year.  However, in light of the continued impact of the COVID-19 pandemic, any tax planning…
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