Empower Blog Depreciation Schedule

Maximise Your Returns: Mastering End-of-Year Tax Planning, HECS Hacks, Super Strategies, and More

Talking Property Tax with Julia Hartman: Episode 5 In our final episode before the end of the financial year, we'll be exploring the latest tax updates from across Australia, including: Important Changes to HECS/HELP Debt - Changes you MUST ACT on quickly! Each year your HECS debt and other student loans are indexed for inflation on the...

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Navigating Tax Changes in 2023: Updates to Remote Work Claims, Renting And Victoria’s New Tax Grab 

Talking Property Tax with Julia Hartman: Episode 4 In our first episode for 2023, we'll be exploring the latest tax updates from across Australia, including:  Changes to working from home Expense claims: What expenses can you now claim on your 2023 tax returns and how to navigate these changes while maximising your tax deductions. ...

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Highlights from the FY22 Reporting Season: Will Australia Avoid A Recession?

Note: This information is provided by Ausbil Investment Management Limited, an Australian-based investment manager.  Key Observations of Reporting Season Context FY22 reporting season comes after a period of extraordinary events. The invasion of Ukraine by Russia towards the end of the HY22 reporting season in February had a profound eff...

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Your Ultimate Guide To Reducing Tax on Vehicles, Private Insurance & Land

Talking Property Tax with Julia Hartman: Episode 3 IMPORTANT NOTE: This recording was filmed and produced before Queensland's Land Tax was scrapped. With a number of policy changes on the cards, in our third episode of “Talking Property Tax with Julia Hartman,” Ben and Julia cover... Salary Sacrificing For Cars: How do Salary Sac...

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Tax Planning Tips to Maximise your Returns (Part Two)

Talking Property Tax with Julia Hartman: Episode 2, Part 2 In our last Bonusisode, we featured Part One of Tax Planning Tips to Maximise your Returns and now we’re back to give you the rest of the gold!    We’ll be homing in on claiming travel expenses - especially if you’re a rental owner – and how you can best p...

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What is a Tax Depreciation Schedule?

Depreciation is tax deduction for property investors. We invest in property to increase our wealth over time. One thing that we need to do is make sure we claim everything that we are able to claim, one of those thing being depreciation. Items in a property are wearing out over time, the buildings will one day fall over I guess and so the tax offic...

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The 7 Biggest Property Investment Mistakes

If I were to ask you what do you feel more comfortable with, investing in shares or property? The majority of people would say property.  The reason for this is because property is something that we all have experienced in our lives, so naturally we automatically assume we understand it better than shares or managed funds.  Shares on the other h...

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