Eligible build to rent developments can access faster depreciation and lower tax rates. The incentives Faster Depreciation: The capital works tax deduction rate for new eligible BTR developments will increase from 2.5% to 4%. This change shortens the depreciation period for construction costs from 40 years to 25 years. Lower…
ATO to crack down on travel, clothing claims for home-based workers The Australian Taxation Office is on the lookout for anyone trying to claim hefty working-from-home expenses while also maintaining or increasing claims for things like car, travel or clothing expenses. The ATO warns it will return its attention to…
Tax Time is nearly here this is a great link to maximise your 2021 Tax Refund. Here is The New Daily Tax Time Information to help you get the best possible outcome from your Tax Return this year. Or Simply Contact us to help you getting the best Tax Refund…