Claiming Property Expense When Not Rented

Claiming Property Expense When Not Rented       The big question is – “What is Exceptional Damage Beyond Your Reasonable Control?”  The answer in the case of the above photo would depend on a DNA test because if your family does the damage, no tax deduction. What a segue!  Sounds a lot more interesting than discussing …

Don’t panic about 31st October

     Don’t Panic!     The radio stations will soon start threatening doom and gloom if you don’t lodge your tax return by 31st October, 2019!!! Tax agents are provided with a lodgement program so they can lodge tax returns for most of the year and retain quality staff.  It is not a matter of making …

Salary Sacrificed Cars

You cannot claim a tax deduction for a car you have salary sacrificed even though you make an after tax contribution. If you really want to know, here is why: Download Pdf Unless the employee is in the maximum tax bracket, there will be a pre tax amount and a post tax amount on their …