Our small business accountant in Sydney talks about tax deductions you may be able to claim
With tax time around the corner, a lot of people tend to look for new and innovative ways that they can save money on their tax deductions by trying to claim back on everything. So our small business accountant in Sydney will talk to you about potential tax deductions that you may be able to make.
There are certain reasons as to why you can claim back on general expenses and your business accountant should make sure they tick these boxes:
• The money spent was not reimbursed by your employer
With the above regulations in mind, now you may be able to make claims on the following expenses:
• Vehicle and travel expenses
While there are a lot of other expenses that you would be able to claim back on, it is important to understand that false claims will potentially result in an audit for yourself or your business. Our small business accountant in Zetland takes extreme care when dealing with our client’s taxes to ensure everything is done correctly.