COS
View Product Range

What to Buy this EOFY to Maximise your Tax Deductions

Tax deductions 2022

Somehow, it’s almost that time of year again…..tax time! This year, there’s a great opportunity for you to take advantage of the temporary full expensing scheme, and claim tax deductions on technology, office supplies, furniture, and kitchen essentials. Temporary Full Expensing Scheme The Temporary Full Expensing measure introduced by the Australian Government to help businesses … Read more

How Your SME Might Be Impacted By Tax Changes in 2021

top view of desk with financial finances paperwork forms calculator and need help sticky note

The Australian Government has announced several new tax changes that could impact your small to medium enterprise (SME) for 2021. With the end of the financial year fast approaching, here are the main changes that your SME might need to consider. The main changes that might impact you 1.       New Online services for businessesOnline services … Read more

Changes to the Instant Asset Write-Off for End of Financial Year 2020

man doing taxes and taking advantage of changes to instant asset write off

On March 12th, 2020 big changes to the Instant Asset Write Off were announced. Initially the 2019/20 financial year saw the threshold amount for each asset sitting at $30,000, however for the period between March 12, 2020 – June 30, 2020 that threshold has been lifted to $150,000 for each asset, with eligibility expanded to … Read more

Making the most of the Instant Asset Write-Off for Small-Medium Business

Small-Medium Business Tax Time

In exciting news for Australian small-medium businesses, this year’s budget included a boost to the instant asset write-off. The 2019/20 financial year sees the threshold increasing to $30,000. As an added incentive the eligibility criteria has been extended to include businesses with an annual revenue of up to $50m (previously capped at $10m) which means … Read more

Search for Products

Search the COS range of products via the field below. You will be taken to the COS shop side of the site to view your results.