Technology and Skills 120% Boost

Technology and Skills 120% Boost

The 120% tax deduction for small and medium businesses spend on technology and approved skills/training for staff have now passed parliament and awaiting royal assent – in other words these are pretty much locked in. So, what does that mean for you and your business?...
Working from home deductions from 1 July 2022

Working from home deductions from 1 July 2022

The ATO’s proposed approach to individuals claiming working from home deductions from 1 July 2002 has changed and the shortcut covid method is no longer available. Individuals who are working from home can still claim deductions based on their actual expenses or they...