Tax & Compliance – Hints & Tips
How Is your business positioned to weather the economic and financial storm that the next two to four years will bring? Does your business and management style need a fundamental shift from being tax focused and debt fueled to being focused on profit and cash flow growth? See the below Tax Tips to help you move forward, Accelerated Depreciation. Following the 2021-2022 Federal Budget the TFE (Temporary Full Expensing/100% write off) of depreciable assets was extended from 30th June 2022 to 30th June 2023. Keep in mind that there are rules and limitations. The most common being the depreciation …
