Perth Tax Return is a comprehensive tax service provider based in the vibrant city of Perth. With a team of highly skilled and experienced tax professionals, they offer a wide range of tax-related services to individuals and businesses alike. Whether you are an individual looking to file your personal tax return or a business owner in need of expert advice on tax planning and compliance, Perth Tax Return has got you covered
Years of experience
in the financial market
There are several compelling reasons why our services should be your top choice when it comes to handling your tax returns in Perth. Firstly, our team of experienced tax professionals is well-versed in the intricacies of the Australian tax system. We stay up-to-date with the latest tax laws and regulations to ensure that your tax returns are accurate and compliant. With our expertise, you can have peace of mind knowing that your taxes are being handled by professionals who understand the system.
Explore the seamless tax solutions offered by Perth tax to make your tax experience hassle-free
You can rely on our experienced team to provide you with top-notch support whenever you need it
What's new for individuals
From 1 July onwards, individuals will benefit from paying lower taxes and retaining more of their hard-earned money. It is important to note that these changes will not have any impact on the upcoming 2023-24 tax return. Therefore, taxpayers can look forward to enjoying the benefits of these revised tax rates without any immediate effect on their current tax obligations.
Starting from the 2023-24 income year, the rate for claiming work-related car expenses using the cents per kilometre method has been raised to 85c per kilometre.
Starting from July 1, 2022, individuals who utilize electric vehicles for work-related activities can now receive a reimbursement of 4.2 cents per kilometer for their electricity expenses. To be eligible for this claim, it is necessary to use an electric vehicle with zero emissions for generating income, incur electricity costs while charging the vehicle at home, and maintain the appropriate records for the given fiscal year. However, if the exact percentage of home charging cannot be determined, expenses from commercial charging stations cannot be claimed separately.
From the 2024 income year, if you received one or more distributions from trusts, you must report the distributions you receive.
The ATO is currently in the process of revising the way in which we release information regarding effective life determinations. This information is crucial when calculating the depreciation of an asset over time. By utilizing the effective life of a depreciating asset, individuals and businesses can accurately determine the decline in value of their assets. This can be done by either estimating the effective life themselves or by referring to the effective life determinations provided by the Commissioner.
68 Leach Hwy
Wilson, WA 6107
info@lightblue-lark-950762.hostingersite.com
Phone: 1300 829 365