AdvisorCorp

Blog by Delta Team

Single Touch Payroll
Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO.
Delta Team
10.12.2020 17:52 - Comment(s)
Depreciation for tax purpose
You can’t claim an immediate tax deduction on capital assets such as a car, plant and equipment, property, etc. Instead, you need to write off the cost over a period of time. This tax-deductible write-off is called depreciation.
Delta Team
10.12.2020 17:52 - Comment(s)
Home office deductions
Individuals can claim a deduction for all running expenses incurred during the period 1 March 2020 to 30 June 2020, based on a rate of 80 cents for each hour an individual carries out genuine work duties from home.
Delta Team
10.12.2020 17:52 - Comment(s)
Free Individual Tax Return for full-time students
Currently, the government has taken several steps to support business and Individual taxpayers through the pandemic. However, there are fewer supports for students. Therefore, we are offering free Individual Tax Return service for full-time students until 31 March 2021.

Lodging your tax return
A tax r...
Delta Team
10.12.2020 17:52 - Comment(s)
Best time to refinance your home loan
Refinancing can also allow you to consolidate your debts or pay down your mortgage more quickly.
Another common reason borrowers look to refinance is so that they can access equity – the amount you'd get from selling your home after settling any associated loans, such as a mortgage on that property, ...
Delta Team
05.02.2020 13:18 - Comment(s)
Part IVA: General Anti-Avoidance Provisions
The general anti-avoidance rules contained in Part IVA of the Income Tax Assessment Act 1936. It can deny a taxpayer the tax benefit of a scheme they have entered into.
Delta Team
15.06.2019 19:22 - Comment(s)