DKD Accounting Blog & Resources
Practical explanations of the tax and accounting questions we are asked most often — written as general information, with every figure checked against the ATO rather than repeated from memory.
End of Financial Year: What Perth Businesses Sort Out Before 30 June
The Australian income year ends on 30 June, and most of what can be done about a tax position has to be done before that date rather than after it. This is what the…
BAS Lodgement, Step by Step
A business activity statement is not difficult to lodge. It is easy to lodge wrongly, because most BAS errors are coding errors that happened months earlier and…
FIFO and Mining Worker Deductions: What the Rules Actually Turn On
FIFO returns are not a special category of tax return. They are ordinary returns where a handful of ordinary rules — travel, protective clothing,…
What Records the ATO Expects, and How Long to Keep Them
Record keeping is the least interesting part of tax and the part that most often decides the outcome of a dispute. The rules are not complicated; the discipline is.
Working From Home Deductions: How the Methods Differ
The rules for claiming home-based work expenses have changed more than once, and the record-keeping expected under the current approach is stricter than many people…
Motor Vehicle Claims and How the Logbook Actually Works
A logbook is not a formality. It is the document that determines the work-use percentage applied to every vehicle cost for years afterwards, which is why a careless…
What Actually Happens in an ATO Review or Audit
Most ATO contact is not an audit, and most audits do not begin with an accusation. Understanding the difference is the difference between a manageable process and a…
Have a Tax or Accounting Question?
These articles are general information. If you want an answer about your own circumstances, we reply within 24 hours.