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tax

Work related deductions you can claim

When completing your tax return, you’re entitled to claim deductions for some expenses, most of which are directly related to earning your income. Work-related expenses To claim a work-related deduction: you must have spent the money yourself and weren’t reimbursed it must directly relate to earning your income you must have a record to prove it. If […]
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ATO’s ‘ new call on company cars might be “rude awakening” for the employers

With the instigation of ATO’s (Australian Taxation Office) new guidelines, near time might be traumatizing for the employers. It’s expected to be a more amplifying compliance after the modifications made in FBT (Fringe Benefit Tax) rule. There is a myriad of guidance released for the personal utilization of salary-packaged conveniences incorporating the usage of utes. […]
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