Canberra Tax: Tradie Tax Return Canberra and Queanbeyan
Are you a tradie in Canberra or Queanbeyan looking for an accountant to help you with your personal or company tax returns or BAS statement? Do you need help with your book keeping and running your company?
At MAS Tax Canberra we love working with tradies and helping take away the headache of doing your tax and book-keeping. We also love helping get tradies the best possible tax return.
We keep up to date with the latest tax changes in order to help you take advantage of all relevant deductions available. The range of deductions typically available for tradies include:
- An immediate tax deduction for assets costing less than $1,000 for small businesses.
- Transport to and from jobs (when carrying tools).
- Telephone expenses.
- Professional Insurances, including workers compensation.
- Laundry expenses.
- Union fees and association fees.
There are also a range of recent tax changes that tradies are likely to be eligible for. These include:
- An immediate tax deduction for individual assets costing less than $20,000.
- A 1.5% reduction in the company tax rate to 28.5%
- A 5% tax discount for sole traders and trusts.
- Fringe benefits tax emption for work-related portable electronic devices.
- Capital gains tax rollover relief when changing legal structures but keeping the same owners, such as moving from a sole trader to a company.
For more information on these deductions go to:
For more information please call 1300 627 829 or contact us below
