Resources and Knowledge For You
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Treatment of Capital Losses
The calculation of a capital loss is quite straightforward, but the treatment that follows can be quite tricky. Let’s focus on the…
Read MoreDepreciation – Div 40 vs Div 43
There are two main types of depreciation which are: Plant & Equipment (known as Division 40 Depreciation) Capital Works (known as Division…
Read MoreWhy you should be monitoring your Cash Flow regularly
The most common reason for business failure is poor cash flow management. As a business owner you should be constantly managing your…
Read MoreTax Depreciation Limit for Motor Vehicles
Tax Depreciation Limit for Motor Vehicles used for business – For tax purposes there is an upper limit for the maximum depreciation…
Read MoreWhen are interest expenses tax deductible?
The determinant of whether interest on loans are tax deductible or not relates to the underlying purpose of using the borrowings. For…
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