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7 tips for first-time property investors

7 tips for first-time property investors

by Camden Professionals | Apr 5, 2023 | First home buyers, Property Investment, Property Investment Tips

If you’re looking to invest in the Aussie property market, here are some key points to consider at any age. If you’ve been saving for a while and feel you’re ready to purchase your first investment property, it’s worth ensuring you’re across some important points so...
What you need to know about STP and payroll tax

What you need to know about STP and payroll tax

by Camden Professionals | Apr 1, 2023 | Business Advisory, How To, PAYG, Small Business, Small Business Tips, Tax & Accounting

What is Single Touch Payroll (STP)? Small businesses and employers must now report superannuation contributions, income tax withholdings and other payment information via a Single Touch Payroll (STP) system. This system replaced the traditional paper-based reporting...
Top 10 main challenges that many small businesses face

Top 10 main challenges that many small businesses face

by Camden Professionals | Apr 1, 2023 | Business Advisory, How To, Small Business, Small Business Tips

Starting a small business and turning a passion or an idea into something bigger is a dream for many Australians. Being your own boss and building something from the ground up can be incredibly rewarding – but it’s not always smooth sailing. Being a small business...
How to claim expenses when working from home

How to claim expenses when working from home

by Camden Professionals | Mar 24, 2023 | ATO, How To, Income Tax Returns, Small Business, Superannuation, Tax Deductions, Work from Home

The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022 onwards, you can choose either to...
What will the ATO be Asking about your Holiday Home?

What will the ATO be Asking about your Holiday Home?

by Camden Professionals | Mar 24, 2023 | ATO, Property Investment, Property Investment Tips, Property Tax, Tax & Accounting

Taxpayers claiming deductions on holiday homes are in the ATO’s sights. The ATO is more than a little concerned that people with holiday homes are claiming more deductions than they should and have published the starting questions they will be asking to scrutinise...
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