by 3D Accounting | Dec 1, 2020 | blog
What a crazy year 2020 has been! Congratulations to all my friends, clients, and staff who have adapted so well during such uncertainty. Hopefully, it’s made many consider their processes and priorities, both business and personal. Our office will be closed on...
by 3D Accounting | Oct 13, 2020 | blog
I believe the biggest two things to come out of the Budget are: 1. Personal Tax Cuts; and 2. Unlimited asset write off (fully expensing asset purchases) until June 2022 Personal tax cuts – these changes have already passed parliament. The 19% bracket which used to...
by 3D Accounting | Jan 21, 2020 | blog
This is one of the most common questions we receive. I will try and keep the answer as simple and as brief as possible. If the vehicle is a commercial vehicle, for example a ute, van or tradie dual cab that will legitimately be used a lot for work purposes, then we...
by 3D Accounting | Dec 12, 2019 | blog
Wow it’s that time of year again! Our last day for the year will be next Thursday the 19th Dec, and we will re-open Monday 13th Jan. Thank you to all our clients and friends for their support during the year and we wish you all the best for the holidays. Warm regards...
by 3D Accounting | Oct 31, 2019 | blog
If there is real work performed, and payment is at market rates, then the short answer is YES. Although minors under 18 can only earn $416 from investment income before being slugged with massive tax, they can however earn income for effort i.e. wages, without this...