tradie tax tips
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May 20, 2024
With COVID-19 pretty much in the rear-view mirror, the last year has seen big changes in the market. Tradies look to have been as busy as ever and hopefully this trend continues for the upcoming year.
Processing your tax return during the June period doesn't have to be an arduous or costly task, particularly for tradies who can take advantage of some useful tax deductions on their tools. To assist you with this task and ease the burden of tax processing, we've compiled a list of expert tips that will help you maximize your return and gain a better understanding of the entire process.
*On May 14, 2024, the government unveiled the 2024–25 Budget, the $20,000 instant asset write-off for small businesses with an annual turnover of less than $10 million has been extended. This extension allows small businesses