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New Rules for Allocating Professional Firm Profits - July 2022
Aug 03, 2022
As of 1 July 2022, new legislation has now taken effect which details the Australian Tax Office’s compliance approach to the allocation of profits or income from Professional Firms as assessable income to the ‘Individual Professional Practitioner’ (IPP).
Work-Related Motor Vehicle Expenses
Jun 13, 2022
You may be able to claim a tax deduction for motor vehicle expenses if you have used your vehicle for work-related purposes.
