The holiday season is nearly upon us, and business owners may be thinking about hosting Christmas parties or buying gifts for their loyal staff and customers. Read on for general information on the deductability and FBT implications of providing employee gifts and entertainment .
If you own an investment property and earn rent from it, of course you'll be wanting to claim any expenses you incur while earning said rental income. Unfortunately, the ATO has some pretty strict rules as to what expenses you can claim, and when. Read on for some detailed information on the types of rental property expenses you can claim as tax deductions.