Inheriting a home or a legal interest in one could be the largest windfall gain that many Australians ever experience.
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HILTON PARTNERS IS A PERTH BASED ACCOUNTING PRACTICE
We provide our clients with a highly personalised service. Our team is committed to helping and supporting small to medium businesses in their growth and prosperity. We specialise in business and personal tax, business structuring, asset protection, tax planning and strategy. With over 30 years in business, we have the expertise to provide professional and effective accounting services to an array of industries.
At Hilton Partners we not only provide the personalised service of a small business, we also have the capabilities, support and resources of a larger firm. This means the team at Hilton Partners can monitor, support and advise on a variety of tax and accounting issues which are critically relevant and up to date.
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The ATO is reminding rental property owners that each year it sees some fairly common mistakes being made with the claims made, and the tax outcomes that result, in regard to investment properties. It has therefore released a list of the top 10 stumbles, and how best to avoid them.
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As a taxpayer, if you use your own car for work purposes, you can claim a tax deduction using one of two methods — the cents per kilometre method or the logbook method. If you use someone else’s car for work purposes, you can only claim for direct costs you pay for (such as the fuel used).
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Hilton Partners
Level 1, 1310 Hay Street
West Perth WA 6005
+61 8 9322 4705
PO Box 1236
West Perth WA 6872
Liability limited by a scheme approved under Professional Standards Legislation