Newsletter - October 2023


This month we look at: the $20k deduction for ‘electrifying’ your business, the implications of Victoria's 'Airbnb tax' and self-education expenses: what can you claim?


  • The $20k deduction for ‘electrifying’ your business

Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction. Pages 1-2  Read More


  • The implications of Victoria's 'Airbnb tax'

Property investors that choose to utilise their property for short-term stays (or leave it vacant) are firmly in the sights of the regulators. Pages 3-4 Read More


  • Self-education expenses: what can you claim?

The Australian Taxation Office have released a new draft ruling on self-education expenses. We revisit the deductibility of self-education expenses and what you can and can't claim. Pages 5-6  Read More


Quote of the month:

“Grit is about doing the hard work, day in and day out, without immediate reward.”

Angela Duckworth, academic and psychologist


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