Too good to be true
Will I get greater deductions from another company whose fees are significantly higher?
Sole Purpose Test
We shared an ATO link recently via our Facebook page in relation to the Sole Purpose Test, however given the popularity of Self Managed Super Funds (SMSFs) we thought it pertinent to raise again.
Are You Claiming Tax Depreciation?
If you are not claiming Tax Depreciation as a tax deduction against your residential or commercial investment property then you need to ask your accountant... "Why am I not claiming a deduction for Tax Depreciation on my Tax Return?"
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