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The March Newsletter

21/03/2019 by Laterals Leave a Comment

A business facing the prospect of effectively dealing with losses could find their task a little easier with a more relaxed version of the “same business” test put in place by the ATO. We also warn about the new rules that can deny a deduction for some business payments if certain reporting obligations are unmet.

 

Also dusted off is the (now restricted) place for claims of travel expenses in relation to rental properties, and a reminder of the at-times forgotten role that valuations can play with regard to tax and property.

 

Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.

 

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Filed Under: Taxation Information

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Contact Us

Laterals Head Office 35 Montague Street, Goulburn, NSW 2580

Phone: (02) 4822 0555
Fax: (02) 4822 0777

Email: admin@laterals.com.au

Hours of Business:
Monday to Friday, 8:30 am – 5:00 pm
Other times by appointment

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