Recently, cats have come under attack, literally and figuratively. The government plan to reduce the feral cat population in rural areas seems to have spread into our neighborhoods.
In some places, local governments have made it illegal for a cat to be out of the house unattended; which may not be a bad thing, since cat poisonings are on the rise. Cat lovers have come to fear for their feline friends.
While we can’t do much about those pesky neighbors, we must do all that we can to keep our precious pets safe and secure.
If your cat has been an indoor and outdoor cat, you will have made some changes in order to protect him. Keeping him indoors all of the time is a challenge, and it makes for an unhappy cat. Some people have successfully leash trained their cats. While this is admirable (and pretty incredible), it doesn’t afford Kitty the freedom to roam that he desires and has become accustomed to.
How can you keep your pet cat happy and safe while outdoors?
One way is to follow the growing trend of placing cat enclosures in your outdoor living space.
The world economy is globalising with people accessing products from different countries every day. It’s all thanks to online shopping. We are now able to purchase practically anything from the comfort of our home… including garages!
Garage Kits are now very popular in Australia as you can add a new garage to your property at a very affordable cost. What’s more, garage kits can be purchased online from suppliers and delivered to your door.
By now you have heard that this tax time the ATO has accelerated depreciation for small business tax deductions. This is great news for those of you who have either purchased a new workshop or are planning one. The accelerated depreciation table now reaches $20,000 whereas the former immediate tax deduction for small business was limited to $1000. Quite a leap and well deserved. Ace.
So what are the Conditions and Tax Deduction Possibilities?
Of course, there are some stipulations on the accelerated depreciation for small business owners. Whereas formerly, the tax deduction for a workshop to be used for storage in your business would have had to be depreciated over the course of several years, NOW you can claim an immediate tax deduction for each asset costing $20,000 or under.
As an example, consider Paul. Paul owns a small business selling novelties and determines that he needs additional storage for supplies. He buys a workshop for $10,490. His company can immediately deduct the entire cost of the workshop. He can do the same with any other assets needed this year provided the asset has a direct impact on production and is valued under $20,000.
However, before you react straight away and rush out to buy assets to claim the tax deduction/accelerated depreciation you should know that the ATO says it’s going to monitor how the write-off is being used.
As a special note to those with small farm businesses, especially those involving livestock. The ATO is also relaxing rules related to depreciation of other assets used in your small business. For instance, a primary producer can now use a three-year depreciation of fodder storage assets. This small business tax deduction may be claimed even if the business-owner is not the primary land owner. Thus, lessee’s may take advantage of this aspect of the new accelerated depreciation tables.
Fodder storage assets include
Grain storage workshops
Bins for storing dry grains
hay storage sheds
Lastly, those with a small business should note that the current Lock Out rules will be suspended for the duration of the accelerated depreciation tax deduction. The Duration? Yes. The accelerated depreciation tax deduction for small business officially ends 30 June 2017. Whether Parliament makes it permanent or not we cannot say.
So if you are thinking of a new workshop for your small business, now is the time to get one. You not only get the workshop you need, but a tidy savings with the Accelerated Depreciation tax deduction for small business as well.
Please do not take action solely based on the information of this article, this is not a tax advice. If in doubt, please check with a qualified chartered accountant who will be able to give you advice based on your individual situation and circumstances. Also find out more on the ATO website, click here.
Camping has long been a favorite pastime of individuals and families excited to embrace nature and relax their usual pace. Unless you’re a hardcore camper, there are times in between trips, or at the onset of winter, when your camping gear will require storage. Preserve Your Camping Gear with Proper Storage Here are some camping storage ideas for how and where best to store your camping equipment so that it remains in good condition and is readily available next time you plan a trip and need to get it out. Read More […]
Want To Know More About The Aussie Yards… Aussie backyard living is changing as our houses are getting bigger and bigger while our gardens are shrinking. Before the 90’s the Australian’s backyards were significantly bigger, quarter-acre or even larger blocks were very common in most areas. Being a kid was a lot different back then and the time that is being spent in front of the computers nowadays, was mainly enjoyed in the backyard. Read More […]
When it comes to adding cover to your outdoor area or to your property, you don’t have to pay the high prices demanded by most contractors. There are other options open to you… With DIY kits, you can easily put a cover over the pool, give your car a shaded parking area, and increase your available covered space with a functional carport, shade cloth or gazebo. Read More […]
When it comes to chicken coops the sky’s the limit. You can go with a functional little rectangle that keeps your feathered friends safe and dry, or you can enhance your outdoor space with a cool design that’s functional for the birds and visually appealing for you. You also have different choices for the construction of your chicken coop. You could have a professional come out and build one for you, Read More […]
Right, so you have decided it is time to get a garden shed, right? That’s great but it’s not as simple as that. You have to decide what size you need, what features you require, where to put it, your budget and if you are going to put it up yourself or not… We now and then get customers who make the WRONG choice in shed and have to go through the process of exchanging just like Clinton had to, Read More […]
Do you have a garden shed in your backyard? Instead of just using it for storing tools and knickknacks with no place in the home, it is quite simple and easy to transform that simple little outbuilding into a really cool space. Below are 16 different ways you can re-purpose that little garden shed: Man Cave Sometimes blokes just need a place to hang out, drink beer, Read More […]
Cheap Sheds has supplied more outdoor storage buildings to Australians and New Zealanders than any other online retailer and one of the most challenging parts of our business is delivery. Some of our buildings are up to 1.5 tonne and very fragile. I never forget that when the idea of Cheap Sheds was born back in 2007, anyone I shared it with told me to reconsider. Read More […]