by Asha Hudson | Oct 16, 2018 | Client Access, Tax Business Deductions
Depreciation on intangible assets Are you? – A business owner? At a glance: – The government has announced changes that will apply to the depreciation of intangible assets from July 1, 2016. You should: – Be aware of the changes to depreciating...
by Asha Hudson | Oct 16, 2018 | Client Access, Tax Business Deductions
Claiming home office expenses Are you? – Claiming home office expenses? At a glance: – From July 1, 2014 the fixed Tax Office rate for home office expenses increased to 45 cents per hour, up from 34 cents. You should: – Be aware of how a home office...
by Asha Hudson | Oct 16, 2018 | Client Access, Tax Business Deductions
Tax – Business Deductions Interest deductions during construction of a property The Tax Office may accept that expenses incurred while a property is under construction are tax deductible if the taxpayer’s intention and purpose when building the property is to...