If you are a sole trader or a partner in a small business that has made a loss, please read the following carefully. Small business owners can only claim losses... read more →
Businesses that operate from home can claim deductions for expenses incurred when carrying out income-producing work. Business owners can claim deductions for a number of expenses including: Room utilities The... read more →
Capital losses Selling poor performing assets may enable you to bring forward a tax loss that can be offset against any capital gains made throughout the financial year. Write-off bad... read more →
Designing, creating and maintaining a website for your business can be complicated. This is why many of today’s small businesses employ the services of a web developer and designer to... read more →
Business owners and employees who travel internationally for business-related trips can claim travel expenses as a tax deduction. If the overseas travel is for personal and business-related purposes, the business-related... read more →