Tax Time Financial Year End June 2017

It’s that time of year again, and we are busy creating our tax update for you.

Among all of the bits & pieces that the government has updated, is a change to some things we can or can’t claim with our investment properties.

As from July 2017, travel is no longer permitted as a valid expense for your investment properties.

There are many articles one the web about this – I came across this one from KPMG which helped to sum it all up really well.

As always, we would advise you to refer to your accountant with regard to specific queries.

 

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