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Category: Tax & Audit Accounting
Tax Deductions for Businesses in 2024
The ATO announced changes in tax deduction laws set for the 2024-2025 financial year. What does this mean for your business? Read More »
It’s never too early to start preparing for Australian tax season
Avoid last-minute stress by preparing for Australian tax season early. Read More »
Understanding Australia’s Fringe Benefits Tax
A quick guide to Fringe Benefits Tax (FBT) in Australia, including what it is, who needs to pay it, and how to calculate it. Read More »
Understanding Capital Gains Tax in Australia
Explore Capital Gains Tax (CGT) in Australia: Understand its impact on property and share investments and learn strategies to reduce your tax liability effectively. Read More »
Methods for saving on your income tax returns
Discover effective strategies to reduce your taxable income and maximise your tax returns. Learn about salary packaging, deductions, tax offsets and more with WMC Accounting. Read More »
Explaining the Victorian budget and its impacts
In this article, we look at the 2023-2024 Victoria budget’s main features and potential impacts on your economic future. Read More »
Australian Federal Government 2023 budget
An overview of the 2023 Australian budget and what it means for taxpayers. Read More »
What taxes apply to inheritance and estates in Australia?
Be prepared for a CGT event if you’re planning your will. Read More »
What is capital gains tax and how can you lessen it?
An overview of capital gains tax (CGT) and how to lessen it. Read More »