14 TAX DEDUCTIONS TIPS for Small Businesses in Australia!

Описание: 🎥 14 Tax Deduction Tips You Shouldn’t Miss!

Are you making the most out of your tax deductions? In this video, we break down 14 powerful tax deduction tips that could help you legally reduce your tax bill and keep more of your hard-earned money.

Whether you're a business owner, freelancer, property investor, or employee, understanding what you can and can’t claim is essential to staying compliant while maximizing savings.

💡 In this video, you’ll learn:
• Common deductions people often overlook
• How to properly claim business-related expenses
• Tips to stay compliant while reducing your tax liability
• Smart strategies to optimize your tax position

🌐 Visit our website for more resources and support:
https://aboveadvisory.com.au/

Don’t wait until tax season to figure things out — planning ahead makes all the difference!

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⏱️ Timestamps:

00:00 – Intro
01:13 – The 3 golden rules of tax deductions (ATO guidelines)
02:04 – Deduction #1: Office supplies & stationery
02:26 – Deduction #2: Phone & internet (business portion)
03:10 – Deduction #3: Home office expenses (sole trader vs company rules)
05:37 –Deduction #4 Motor vehicle deductions (cents per km vs logbook method)
07:22 – Vehicle depreciation limits
07:44 – Deduction #5 Business travel expenses (flights, accommodation, conferences)
08:40 – Deduction #6 Instant asset write-off explained
09:28 – Deduction #7 Depreciation for larger assets
09:54 – Deduction #8 Accounting, bookkeeping & software fees
10:38 – Deduction #9 Bank fees & business loan interest
11:51 – Deduction #10 Insurance premiums (what you can claim)
12:54 – Deduction #11 Wages & super contributions (timing rules)
13:44 – Deduction #12 Training & education expenses
14:45 – Deduction #13 Staff benefits & fringe benefit tax considerations
15:24 – Deduction #14 Marketing & advertising expenses
16:17 – 3 bonus tips to maximise deductions

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