Austral Accountants, established in 2014, is a premier accounting firm in Australia renowned for its expertise and personalized financial services. Specializing in accounting, taxation, business advisory, and virtual CFO services, we have been empowering individuals and businesses to navigate the complexities of finance with confidence. Our dedicated team of professionals brings years of experience and a commitment to excellence, ensuring tailored solutions that drive financial success and growth. At Austral Accountants, we are passionate about delivering exceptional service and value to our clients across Australia.
Tax invoices are an essential element of Australia’s taxation system. And serve both to collect tax revenue related to the goods and services on which GST is levied as well as record the credits that are claimable by eligible businesses.
Did you know that if you take out a loan to purchase a rental property, you can claim
the interest charged on that loan, or a portion of the interest, as a deduction?
Due to the prevailing situation of COVID-19, the government has decided to temporarily extend the access of instant write-off up to $150,000 for small businesses till 31st of December 2020.