Owners of rental properties that are either rented or are readily available for rent can claim immediate deductions for a numerous amount of expenses, such as: interest on investment loans land tax council and water rates body… Read more
There are only two choices for how you can claim work-related motor vehicle travel. You can claim a deduction for your vehicle expenses on the cents-per-kilometre basis if the travel claim does not exceed 5000… Read more
Assets costing below $300 that are used to generate income can be immediately deducted. These assets may include tools for tradespeople, calculators, briefcases, computer equipment and technical books purchased by an employee, or minor items of plant purchased… Read more
If a study is directly related to either prolonging or improving current occupational skills or is likely to increase the income received from your current employment then the expenses involved can be claimed as self-education expenses. If any new… Read more
