A common question and consideration from educators is how the superannuation co-contribution works and how they can take advantage of it.

Basically, If you are considered a low to middle-income earner and make a contribution to your super fund, you might be eligible for...

In the 2018-2019 federal budget the government announced an increase to the Instant asset write-off from $25,000 to $30,000. This means that a car, furniture, equipment or other items used in Family Day Care up to the value of $30,000 purchased and installed after 7:30...

The 2019 financial year is going to end in 12 weeks. This is the length of time you are required to keep a logbook. Therefore if you have not kept a logbook now is the time to act. 

In addition to recording all of the running costs associated with your vehicle, the...

Can and should you claim your Home Loan, Rent, Rates and Contents Insurance?

We have seen and heard many comments from educators about whether they are entitled to claim part of these types of expenses for tax purposes. While everyone’s circumstances are different in de...

In a recent ATO media release entitled "Pull up your socks, but don't claim them", Assistant Commissioner Kath Anderson has said: “We have seen claims for clothing and laundry expenses increase around 20 per cent over the last five years. While this increase isn’t a si...

We frequently get questions from family day care educators about claiming mortgage interest, rent, electricity, cleaning and other similar expenses. The key to claiming these expenses is to determine the "Exclusive Areas" and "Shared Areas" of your home. This is not al...

We have consulted and written to the Australian Taxation Office as well as professional tax associations to come up with the correct interpretation of the tax law and how it applies to Family Day Care in relation to the most common family day care expenses including:

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