Key tips
- Write off new equipment
- Contribute to super
- Write off your bad debts
- Assistance for small business
- That’s entertainment!
- Assistance for farmers
- Improvement or repair?
- Make an R&D claim
- Depreciate your buildings
- Consider key person insurance
With the end of the financial year fast approaching, now is the perfect time for business owners to think about ways to reduce their upcoming tax commitments. Here’s a list of the top 10 tax deductions and incentives that might be less known, misunderstood or at least worth a refresher.