You can deduct the cost of a thing as long as you use it EXCLUSIVELY for work. Further, anything related to physical appearance is specifically not deductible even if you are a model. Don't deduct your lv bag.

Thanks for the video. Can we Airbnb an investment property that was bought through an SMSF?

Hi Davie, thank you for another informative video! Just a off topic question: I’m a new sole trader trying to get into e-commerce and working from home. Since I use internet for work purposes most of the time, should I switch my home internet debit from my personal account to my business account? I appreciate your advice. Keep up the good work! Best regards, Paul

Hi mate, are you a Vietnamese Aussie?

Thank you

3:45

That's why CPA Australia is challenging more Licensed Accountants to switch to Forensic Accounting to aid the Australian Federal Police (AFP) in fighting financial crimes and enforce corporate governance and proper risk management.

All crooks! These persons didn't think through carefully before carrying out their intended criminal acts. Also, wondered why suspicions weren't raised by Auditors of the Big-4 and the in-house Financial Controller managing the company's corporate account(s) and finances.

Fbt is a speaker brand

"Yes" is "No" and "No" is "Yes." It makes perfect sense in Moonside.

Can you go through on what we can claim as an influencer.

great video! thanks!

Had an interview last week, asking for highly skilled labourer with own tools and a forklift license. $25 an hour.

Thank you

This is great as I have just started monetizing on KZfaq and I don't know if I need to start keeping a record but just to be safe I will use your method even though it's not a banking account. Thank you so much for this!

You have been soooooooo helpful!! I couldn't have done this without your video. Thank you so much!

Thank you for sharing the information

I would love to if you can share with me your my excel bookkeeping template

Good work mate!!!

Thank you so much for this 👍

25%??? Yikes. I’m happy paying 11% here in Canada.

Hi Davie, thank you for your video. I have two question, first is can I claim my university fees ? I was working as an SLSO beginning of 2023 , qualified to work as a primary teacher in NOV-2023 , I haven't finish my masters yet but working in the area. I assumed I can click " You could show that the self-education was leading to, or was likely to lead to, increased income from your work activities as an employee." Then my second question is, where can I claim my laptop and can I do full amount of does it have to be split in different years ? Thank you so much!

Thank you so much I followed this exactly and it has saved me so much time and stress, my bank account details hadn’t saved correctly, but easily fixed watching this. Thank you a million!!

Excellent! Thank you.

Very nice

Informative

If I get a travel allowance of $12,000 and that is taxed, what can I claim as travel expenses.

Thank you. An Australian channel that talks business. I can relate too. 😊

If A.I advance then your degree is worthless. A.I has taken over customer service and backroom stock jobs so what do you think will happen to your career if Manager, CEO, CFO decides that A.I is more profitable and productive and low cost compared to paying humans wage, taxes, medical and vacation and overtime hours? You will be fired just like Amazon done to all those employees. Don't depend on A.I if you value humans having a equal chance in the workforce.

@Davie Mach thanks heaps for this video. Please consider making another video on how we can begin fixing this issue e.g how to train more people into the workforce (hint hint the able bodied people that govt pays to live?????, if not that something else?), economics side of it etc. Thanks. Lot of housing demand now is 1 person who just needs 4 walls and a roof, people are paying to use small bits of land just to park their car on don't need 4 beds and 2 baths.

Hi amazing video! I have a question, if a 55 year old sole proprietor plans to sell their business (13 years old business), not purchased but started from scratch. Can he get the 500K exemption?

Thanks

What's the optimal strategy for someone with around $1000 or even less, to begin trading cryptocurrencies today?

What's the optimal strategy for someone with around $1000 or even less, to begin trading cryptocurrencies today?

Thank you Davie for such information

Can you add beneficiaries in trust if more children in future

Can you amend a trust deed in the future ?

‘Tax free’ - unless the balance is over 3m 😢 Which despite being a rarity for most in 2024- with inflation will become ‘standard’ within a generation…

The really sad thing about those Lawyer reacts numbers is that Legal Eagle is probably the worst lawyer on youtube.

Australian tax system is criminal! taxation is theft!

Thanks bro Very nice video it solves my whole problem

All good and informative videos. Can you make an video sir on podium as you make on xero and quickbook.

Hi Can you please show how to do a PAYG tax return

now is 25% for a small company

can strippers claim make up and lingerie? lol

Is it possible just to have a trust protector as acting trustee?

You're a legend mate!

mate, you are a legend, i truly appreciate the knowledge you share... it is so helpful

Damn bro you look fly. Dig the hairstyle.

All designed by the higher ups to do just this,only attracts the ignorant of heart.