Newsletter - October 2023

Author

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

 

Check other editions of Your Knowledge here

https://7212131.fs1.hubspotusercontent-na1.net/hubfs/7212131/joey-kyber-45FJgZMXCK8-unsplash.jpg https://7212131.fs1.hubspotusercontent-na1.net/hubfs/7212131/christoffer-engstrom-wc9avd2RaN0-unsplash.jpg