ESF Partners

A leading chartered accounting and advisory firm specialising in accounting and taxation services for privately held businesses and private clients.

Expanding Potentials | Transporting Ambitions | Breathing Dreams

Your top 5 work-from-home questions 28/07/2024

Tax time 2024 - Work-from-Home - top 5 questions

Your top 5 work-from-home questions We answer your questions about claiming work-from-home deductions for this tax time.

Income and deductions for renting out your home 26/05/2024

Income from renting out a room or your home must be included in your tax return. You can claim deductions for associated expenses.

Income and deductions for renting out your home Income from renting out a room or your home must be included in your tax return. You can claim for associated expenses.

19/05/2024

Key takeaways from the 2024-25 Federal Budget

Tax concession
$300 electricity bill rebate in 2024-25 for all Australian households, plus personal tax cuts, and increased Commonwealth rent assistance.

Small business
Instant asset write-off for small businesses extended to 30 June 2025, plus $325 electricity bill rebate one million businesses.

Digital transformation
$1.7 billion over 10 years from 2024-25 to support innovation, commercialisation, pilot and demonstration projects in priority sectors.

Economic and fiscal outlook
Australia’s real GDP is forecast to grow 2 per cent in 2024-25, and the inflation rate is expected to average 2.75 per cent in 2024-25.

www.cpaaustralia.com.au

ATO flags 3 key focus areas for this tax time 12/05/2024

ATO flags 3 key focus areas for this tax time 2024.

- Incorrect claim of work-related expenses
- Inflated claims for rental properties
- Failure to include all income when lodging tax return

ATO flags 3 key focus areas for this tax time The ATO announces its priorities for Tax Time 2024.

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Address


Level 40, 140 William Street
Melbourne, VIC
3000

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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