CA (Chartered Accountant)/Tax Agent/会计 - 在线解答各类Tax/Accounting问题

accelerate

Hi,
Me again, always got questions!
bought a new rental property on 07/06/10,incurred leagal fees, insurance and interests on loan, but haven't rented it out for income purpose. Is it possible to claim those expenses as rental property loss?

many thanks!

shuangchao

原帖由 sydney1 于 2010-9-9 14:15 发表
David,我老婆从国内买了太手提电脑,有发票,电脑是用来工作的,可不可以deduct,不过发票是中文的,谢谢

strictly speaking, all receipts must be in english

llpbc09

Mark

shuangchao

原帖由 accelerate 于 2010-9-9 16:26 发表
Hi,
Me again, always got questions!
bought a new rental property on 07/06/10,incurred leagal fees, insurance and interests on loan, but haven't rented it out for income purpose. Is it possible to cla ...

Hi, is it available for rent? if you have been trying to lease out the property, i.e put out ads, engaging in real estate agents, but was unlucky in obtaining an tenant. then yes, you can claim rental losses for interest, insurance, etc etc. considering the vacancy rate in australia at the moment, this seems very unlikely.

libai0915

2. you work at home for your partnership - business claim under partnership return

请问这个是在个人退税etax里面的哪一项？我怎么没有找到？麻烦指点一下？难道要用partnership的TFN单独搞一个business tax return？先谢谢了

accelerate

Hi, is it available for rent? if you have been trying to lease out the property, i.e put out ads, engaging in real estate agents, but was unlucky in obtaining an tenant. then yes, you can claim rent ... [/quote]

Thanks David,

haven't try to lease it out. just finished the paper-work with solicitor.So, nothing wrong with the Market. Market is good!

shuangchao

原帖由 accelerate 于 2010-9-10 08 begin_of_the_skype_highlighting              2010-9-10 08      end_of_the_skype_highlighting:50 发表
Hi, is it available for rent? if you have been trying to lease out the property, i.e put out ads, engaging in real estate agents, but was unlucky in obtaining an tenant. then yes, you can claim rent . ...

yes, in that case, those expenses all form part of your property cost base

lovemylife

LZ啊，为什么我的税退了3周了还没到啊？

shuangchao

原帖由 libai0915 于 2010-9-9 23:02 发表


请问这个是在个人退税etax里面的哪一项？我怎么没有找到？麻烦指点一下？难道要用partnership的TFN单独搞一个business tax return？先谢谢了

yes, if you have a partnership business, you must complete a partnership return, home office expense can be claimed under partnership return

shiyue82cn

Is the administration fees for the super deductable?
and how about the Death and TPD insurance premiums?

烦请回答一下好吗？

shuangchao

原帖由 shiyue82cn 于 2010-9-11 08 begin_of_the_skype_highlighting              2010-9-11 08      end_of_the_skype_highlighting:37 发表
Is the administration fees for the super deductable?
and how about the Death and TPD insurance premiums?

烦请回答一下好吗？

they are deductible in your superfund, but not against your own return

shuangchao

eagleoverberlin

partnership本身不用报税，搞不懂partnership的tfn是干啥用的。

nor

Hi David, 我刚才在另一个贴里问了一个关于投资赚了点点钱,并且交完这个财年的税之后, 很快又被要求交下一个财年的PAYG的投资税的问题. 麻烦看一下我的帖子,帮我解答一下吧! 谢谢
http://www.oursteps.com.au/bbs/v ... page%3D1#pid4511132

shuangchao

原帖由 eagleoverberlin 于 2010-9-12 00 begin_of_the_skype_highlighting              2010-9-12 00      end_of_the_skype_highlighting:11 发表
partnership本身不用报税，搞不懂partnership的tfn是干啥用的。

well you do need to lodge a tax return, the return will contain the business information/performance. ATO can then audit the partnership based on the information declared.
partnership just doesn't have to pay any taxes.

sun-shine

请教LZ~

听说买新车贷款可以抵税，可是不知道怎么抵。例如，我们买的新车的价格是3万，贷款1年，利率15%。那我一年后除了要付清3万的本金外，还要付利息。

在年底报税的时候，是只有利息可以抵税，还是本金加利息的支出都可以抵税？

谢谢！~

accelerate

Hi David,

如果洗碗机。空调都是分别在2003，2006年买的，以前自己用，现在房子租出去了，这些东西可以折旧吗？
如果可以要怎么算呢？房子是今年4月租出去的。谢谢！！

shuangchao

原帖由 sun-shine 于 2010-9-13 12 begin_of_the_skype_highlighting              2010-9-13 12      end_of_the_skype_highlighting:55 发表
请教LZ~

听说买新车贷款可以抵税，可是不知道怎么抵。例如，我们买的新车的价格是3万，贷款1年，利率15%。那我一年后除了要付清3万的本金外，还要付利息。

在年底报税的时候，是只有利息可以抵税，还是本金加利息的支出都可以抵 ...

you can't claim 本金 only interest. you can only claim these expenses if you use car for work/business related purpose

shuangchao

原帖由 accelerate 于 2010-9-13 15 begin_of_the_skype_highlighting              2010-9-13 15      end_of_the_skype_highlighting:08 发表
Hi David,

如果洗碗机。空调都是分别在2003，2006年买的，以前自己用，现在房子租出去了，这些东西可以折旧吗？
如果可以要怎么算呢？房子是今年4月租出去的。谢谢！！ ...

if you have a quantity surveyor prepare a depreciation report for you, these items will normally be included in the report. however, dishwasher was purchased 7 years ago, there is hardly any depreciation left. with air conditioner, an accountant will be able to estimate the residual value if you have the original purchase price and date. let's say air conditioner has a depreciation rate of 10% a year, based on the purchase date, you calculate what's left of the asset as at april this year.

canberra

David, 麻烦你一个问题

2008年1月买了一个电视$2273,是用在office的,一直用到现在,当时是用simplified tax system 放在general small business pool里了,09-10是不是还是按30%折旧就行了,还有如果09-10还买了车或者别的超过1000元的office equipment的话,是不是还可以放在这个pool 里,第一年折15%,以后折30%,谢谢

还有如果低于300的就可以直接write off了,是吧,谢谢

taxueerlai

我有一个小生意，新开的，自己用myob做账。我想问一下你说的小生意报税的时候需要账本明细账，能给点详细的内容吗？ 是用myob打出来的report吗？如果是的话，具体是哪些report呢？ 不好意思，我是菜鸟，先谢谢你的帮助

我的第二个问题是，我从bunnings买了一些木头白板用来做墙上的架子，数额一共700元以下吧，这些都要算做固定资产吗？还有一些50到100元左右桌子椅子，这些都要算作固定资产吗，那我每个提折旧还不累死了。。。。

shuangchao

原帖由 canberra 于 2010-9-14 18 begin_of_the_skype_highlighting              2010-9-14 18      end_of_the_skype_highlighting:43 发表
David, 麻烦你一个问题

2008年1月买了一个电视$2273,是用在office的,一直用到现在,当时是用simplified tax system 放在general small business pool里了,09-10是不是还是按30%折旧就行了,还有如果09-10还买了车或者 ...

yes you are correct, you can write off business assets under $1000 if you are eligible for SBE

canberra

原帖由 shuangchao 于 2010-9-15 17:31 发表


yes you are correct, you can write off business assets under $1000 if you are eligible for SBE

谢谢啦,我还确认一下,你说的you are corrent,是指"09-10是不是还是按30%折旧就行了,还有如果09-10还买了车或者别的超过1000元的office equipment的话,是不是还可以放在这个pool 里,第一年折15%,以后折30%" 还是说 "还有如果低于300的就可以直接write off了,"谢谢啦

shuangchao

原帖由 canberra 于 2010-9-15 18 begin_of_the_skype_highlighting              2010-9-15 18      end_of_the_skype_highlighting:43 发表

谢谢啦,我还确认一下,你说的you are corrent,是指"09-10是不是还是按30%折旧就行了,还有如果09-10还买了车或者别的超过1000元的office equipment的话,是不是还可以放在这个pool 里,第一年折15%,以后折30%" 还是说 " ...

you are correct about the depreciation, but instead of $300, it should be under $1000 write off for SBE

canberra

原帖由 shuangchao 于 2010-9-15 21:38 发表


you are correct about the depreciation, but instead of $300, it should be under $1000 write off for SBE

thanks, mate

shuangchao

原帖由 taxueerlai 于 2010-9-15 11 begin_of_the_skype_highlighting              2010-9-15 11      end_of_the_skype_highlighting:14 发表
我有一个小生意，新开的，自己用myob做账。我想问一下你说的小生意报税的时候需要账本明细账，能给点详细的内容吗？ 是用myob打出来的report吗？如果是的话，具体是哪些report呢？ 不好意思，我是菜鸟，先谢谢你的帮助

我的第二个问题 ...

assuming you are using MYOB correctly, you can obtain a profit & loss report in MYOB by:

click on reports on the top menu bar, then index to reports, then profit & loss statement, type in the period e.g 01/07/09 to 30/06/10. the report can be the basis for your tax return

These purchases can be claimed all in one year if you are a small business and elect to enter the SBE system. no need to depreciate them.

elmo

可以帮助退税马？

canberra

David,有个关于software的问题,

1. 09-10年度买了windows 7 $600, MS office $900,norton anti virus $300, 全部是用于business,是不是用Prime cost method, rate是 40%,

2. 以上都是in house software吗

3.是不是300一下就可以直接deduct,我看IMMEDIATE DEDUCTION (FOR CERTAIN NON‑BUSINESS DEPRECIATING ASSETS COSTING $300 OR LESS)上说的,不知道对不对



谢谢,

sun-shine

lz，请教一个问题

如果家在墨尔本，但是要去悉尼做contractor。那么去悉尼住宿什么的相关费用可以抵税么？

谢谢

小妞儿

Thank you~~