Tax Deductions for Small Business

Business expenses you can claim as a tax deduction You can claim most of the expenses involved in running your business as a tax deduction Just make sure: They relate directly to earning your income The expense was for your business, not for private use If the expense is for a mix of business and private use, you only claim …

Tax Trap

The “Tax Trap” You Need To Avoid

Everyone wants to increase their tax refund (or reduce their tax payable). Beck Partners are here to help you to do this! Tax saving strategies generally involve you spending money on “something” which creates for you a tax deduction. The “something” you spend your money on could be an expense, an asset, or an investment related payment (like superannuation or …