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Business

What type of business expenses you can claim

Posted on May 19, 2019June 4, 2019 by bit_@ccount197
19
May

If you are claiming business expenses you should apply these three rules to ensure you don’t make any mistakes. The expense must be for your business and not for private use. If the expense is a combination of business and private use, you can only claim the portion that is used for your business. You…

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Posted in Business
Business

Small business $30,000 instant asset write-off

Posted on May 14, 2019June 24, 2019 by bit_@ccount197
14
May

Good news if you are considering the purchase assets for your business. The government has increased the instant asset write off threshold to $30,000 and extended to 30 June 2020. If you purchase new or second hand asset for your business that costs less than $30,000 and it is used or ready for use from…

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Posted in Business
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