Pay Less Tax - Part 2
February 23, 2017
Home Office Expenses for Business Owners
As accountants, one of our roles is to create tax efficiency for business owners. We do this, by ensuring a business claims all entitled expenses to reduce profit and therefore pays less tax. One expense that may reduce taxable profit is a home office expense claim.
Home ...
TAGS
Tax TipsGSTAgBizAccountantsCashflowGST requirementsIncome TaxPay Less TaxTax Efficiency and Business StructureBorrowingBusiness Health CheckBusiness lunchesBuying a homeCapital GainsCash and ProfitCompany Tax LossesCompany's - tax rate of 28%Crypto TaxCryptocurrencyCryptocurrency Taxdeductible for taxEntertainment TaxFarming Deductions for Home OfficeFinancial expenditureFirst Home BuyerHome OfficeHome Office Expenses for Business OwnersHybrid BasisInterest DeductionInvoice BasisParents Gifting to ChildrenPartnership - taxed at each partner's marginal taxPayments Basisregistered for GSTStructuresTax DeductionTax PoolingTaxable PeriodTrust's - tax rate of 33%Understanding Taxvoluntary GST registration