Deductions Archives - Rogerson Kenny Business Accountants

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Tax deductions for investing in your business

By adminBusiness, Deductions, Investing, Tax Knowledge

Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn to immediately deduct the cost of...

October 30, 2020

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Deductibility of expenditure on a commercial website

By adminDeductions, Tax Knowledge

The ATO has released a public taxation ruling covering the ATO’s views on the deductibility of expenditure incurred in acquiring, developing, maintaining or modifying a website for use in the...

February 27, 2017

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Can a UPE be written off and claimed as a bad debt?

By adminDeductions, Tax Knowledge

'UPE' (or 'unpaid present entitlement') arises where a trust makes a beneficiary entitled to an amount of the trust's income (and therefore the beneficiary may have to pay tax on...

February 27, 2017

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ATO focusing on repairs vs. improvements

By adminDeductions, Tax Knowledge

The Australian Taxation Office is paying particular attention to claims that investment property owners make for repairs to rental properties. All clients should note repairs are deductible, improvements are not....

May 30, 2016

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