Category «Tax»

Property Investing Basics

Download PDF       This article is dedicated to the client who sold his rental property just before he retired rather than just after.  A very frugal man who does not waste money on tax advice.  For the sake of a bit over a year he paid more than $30,000 extra in tax.   At times here …

2022 Budget Blog

Download PDF COVID Tests Dating back to 1st July, 2021 expenditure on COVID tests necessary to attend work will be tax deductible. If the employer provides the test these will be deductible to the employer and exempt from FBT under the otherwise deductible rule. We expect that just like other items that are used both …