+61 2 4268 0070 info@3daccounting.com.au
Providing Gifts to Clients, are they Deductible?

Providing Gifts to Clients, are they Deductible?

The short answer is, if the gift is classed as entertainment then NO, the expense is not tax deductible, however if the gift is not classified as entertainment, then YES it is tax deductible. Entertainment normally relates to immediate consumption of the item....
Do I need a Family Trust?

Do I need a Family Trust?

We often get asked Should I setup a family trust? Or, should my business trade in a family trust structure?  The short answer is that yes, family trusts are often an excellent structure in which to run a business or to invest. The main advantages of a trust are:...
FREE First Home Buyers Workshop

FREE First Home Buyers Workshop

A local financial group we have worked with in the past (The Wealth Connection), are running a free first home buyer’s workshop. The workshop will be held at the Thirroul Community Centre on July 12, 2018 from 6-8pm and will provide information on benefits...
Office closure over the Xmas / New Year period

Office closure over the Xmas / New Year period

Just letting all of our clients know that our office will be closed from Friday 22nd December to Sunday 7th January, reopening on Monday 8th January 2018. No work, heaps of good food, extra drinks, sleep in, go to the beach with the kids, watch the cricket .  Not long...
Can I claim Fuel Tax Credits on my BAS?

Can I claim Fuel Tax Credits on my BAS?

You claim fuel tax credits on your BAS in the same way as you claim GST credits. You can register and claim fuel tax credits for eligible fuels (petrol & diesel are both eligible) you use in heavy vehicles if the vehicle meets the following conditions: It is used...