Workwise: Home Office Deductions
With the EOFY rapidly approaching it’s time to get your affairs in order to maximise your return.
Many businesses are run from a home office which means you’re entitled to claim and write off certain purchases and expenses. There are, however, strict rules on what you can and cannot claim and many businesses end up in trouble with the tax man by playing fast and loose with the truth.]
Mark Chapman is the Director of Tax Communications with H&R Block, who are working with Officeworks to help utilise tax benefits to maximise your small business tax return this year.