Buying a Motor Vehicle – Business or Private?

We are often asked the question by business clients who are purchasing a vehicle, “Should I buy it in the business name or in my personal name?” There is no standard answer. It depends on the cost of the car, its operating costs and its usage. Here are a few points to bear in mind when working out what will give you the biggest tax deductions. When owned in personal…  Read more

Beware the ATO is watching you

Over the last few years the Australian Tax Office has been steadily increasing the amount of data matching information they use to check if taxpayers are declaring all of their income and gains. The ATO source data from three sources: 1. Government Agencies 2. Tax Returns of Other Taxpayers 3. Businesses Government Agencies The ATO is entitled to access information from nearly all other Government agencies. This has included limited…  Read more

Have you taken out Tax Audit Insurance?

Irrespective of how well your financial affairs are managed, you are not immune to being selected for an audit. With the ATO and other government agencies and business entities continuing to increase surveillance to ensure parties are compliant and meeting their obligations, the chances of being audited are now higher than ever. Government Agencies generally accept lodged documents at face value but will randomly select any number for subsequent audit.…  Read more

Allan Hall named finalist in numerous firm-wide categories, including the Australian Accounting Awards 2019

Allan Hall Business Advisors continues to impress with individual, network and firm-wide awards and accolades, with our latest nomination as finalists in 6 categories of the Australian Accounting Awards 2019, Women in Finance Awards and HR Manager of the Year. For further details and a full list of our recent awards, click below.

Global alliance focussed on business excellence

Allan Hall is the Sydney member of Alliott Group, an award winning, growing, global alliance of 160+ accounting, law and consulting firms in 60+ countries.