Recent content by brocky05

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    20K accelerated depreciation help

    So I have a quote to buy a hyundai . Vehicle cost $22172.73 Deler Delivery $1722.73 Customer Discount $4784.55 Vehicle Sub total excluding gst $19110.91 Gst Payable $1911.09 Vehicle sub total inclusive of gst $21022.00 Gst Exclusive items $400 Rego $346 White standard white...
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    20K accelerated depreciation help

    I though $22000 would be ok as $2000 would be gst which can be written off under gst. bringing the total amount back to $20000, then the bloke at the caryard was going on about stamp duty as well brings it down a bit?
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    Superannunation and Investment property.

    Hey everyone Im about to go and see a financial advisor finally :D and to save me looking like a complet dodo wondering if someone can shed a bit of education my way. A bit of background info 1 x IP returning $300 per week hoping to have paid off before 65 1 x PPOR hoping to have paid...
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    20K accelerated depreciation help

    Hi Everyone . Im about to buy a new car for our sole trader business and im not fully up to speed with the whole accelerated depreciation. My dilemma is I would like to buy a new car which is $22,500 Drive away no accessories. Iam registered for gst but dont currently bother about keeping a...
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    $20000 accelerated deduction

    Really would like a car though. I basically have no other deductions... taxi to the post office seriously... arent taxis these days $5 per 30 seconds thats how I remeber them anyway about 15 years ago.
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    $20000 accelerated deduction

    Well technically no I have a car well it has 240,000 klms on it so it wont last forever it would be nice to have a brand spanker I could really rely on. At the moment I have no deductions apart from $3500 ( car max allowed to claim no receipts as I have been slack ) apart from that my deductions...
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    $20000 accelerated deduction

    I know but brand new vs second hand? Just wondering is this going to be worthy of me doing we could do with a new car and as said before I have basically no write offs so it seems like the smart thing to do.
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    $20000 accelerated deduction

    Hard to guage I would like go say 80 business 20 lersonal this may be optimistic though
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    $20000 accelerated deduction

    HI Everyone Just after a bit of advice. I run an online business and im looking for ways to reduce the huge amount of tax I pay as I basically have no write offs. I was thinking of purchasing a brand new car so I can write this off. My profit last year was $28K and im currently registered for...
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    Registered Tax Accountant in Newcastle NSW area

    The lady I spoke to at the ATO advised there may be no penalty as long as I sort this out before they conduct an audit.
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    Registered Tax Accountant in Newcastle NSW area

    Hi Terry Correct which is why I would like to make it right asap and are seeking some advice.
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    Registered Tax Accountant in Newcastle NSW area

    Hi Everyone Wondering if someone could help me out and recommend an excellent registered tax accountant in the Newcastle area. I have been selling on ebay and a complaince officer from the ATO rang me and advised I need to make a voluntary disclosure as I have not paid any tax relating to...
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    ASX Investment help

    Nice work yes I could see it would get in the way of my day job just not enough free time.... Does anybody know a site where you can virtually invest with fake funds so I can get a feel for it.
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    ASX Investment help

    I dont think I would really be up for daily trading its a more long term goal for me. Just interested in seeing if daily trading actually works for people...when the capital gains tax is 50% I dont think it would really be worth all the trouble.
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    ASX Investment help

    HI Everyone I realise this probably isnt the best forum for a question like this as its not property related however im sure plenty of people would be able to help me out with my questions. I'm thinking of starting a share portfolio as a long term investment. I currently own one IP and...
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