This article outlines the former Government’s announcement regarding the introduction of measures to provide certain business taxpayers with bonus tax deductions for expenditure relating to training employees or improving digital operations. – Revival of the training and technology boost measures.
During lock down I have had to work from home. I’ve set up a full home office with paintings, plants, a desk, computer equipment, a water tower and a sculpture. I presume I can claim everything I have purchased for this office and claim part of my mortgage and running costs?
Would you claim the Lego you bought for your kids throughout the year as a tax deduction? One taxpayer did and it made the Australian Taxation Office’s 2018-19 list of most unusual claims.