Running a farm in Australia means dealing with good seasons, tough seasons and everything in between. Income can swing sharply from year to year, and that makes tax planning difficult. The farm management deposits scheme is designed to smooth out those peaks and troughs. It gives primary producers a way to move income into a future year and reduce tax in stronger years, while keeping cash available for when it is needed most. What is a farm management deposit? A farm manageme

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The Small Business Entity (SBE) depreciation rules allow eligible small businesses to simplify their depreciation process by pooling...

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Working from home has become more common than ever, whether you're running your own business or working for someone else. With this...

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Maximizing Your Investment Property Tax Deductions Owning an investment property can be a rewarding financial decision, but to fully...