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Four Priorities for the ATO 2022 Tax Time
Articles Home Articles Back to Articles Four Priorities for the ATO 2022 Tax Time June 9, 2022 Blog The ATO has announced a focus for Tax Time 2022 – Individuals, including the following four areas: record-keeping work-related expenses...
Questions About Deductions
Articles Home Articles Back to Articles Questions About Deductions June 9, 2022 Blog 3 golden rules regard to work-related deductions: Make sure you spent the money yourself and were not reimbursed in any way Make sure it is...
Interest Deductibility: Land
Articles Home Articles Back to Articles Interest Deductibility: Land June 8, 2022 Blog Are interest payments on the land deductible?Generally, the spending involved in holding vacant land cannot deduct, which includes: Ongoing borrowing costs, including interest payments on...