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Viewing 3 posts - 1 through 3 (of 3 total)
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All Topics / Legal & Accounting / Wrap Kit tax deductable?
Hi,
I have a few small properties all in my personal name. How would it be possible to purchase the wrap kit as a tax deductable expense (legally of course)?
thanks,
Ben
If you are using them to produce taxable income them should be deductible.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Right, so buying as an education tool prior to putting into action would not be deducatable as per education expenses?
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