Blog Posts by Jarrod

Staff gifts, events and their deductibility

At this time of year businesses may have spent money towards employee gifts and/or events, this can lead to two potential tax issue arising from these expenditures. These issues are income tax deductibility and fringe benefits tax (FBT). There are some important definitions to consider related to staff gifts or events, the main definition being […] Read More

Are your legal fees deductible?

This is something a lot of business owners or individuals would not have come across, but it is important to be aware of. The deductibility of legal expenses is determined the same way as other business expenses. That is, if they are necessarily incurred in earning your business income and are not capital, private or […] Read More