July Newsletter Published 9.07.2021

Our July Newsletter was sent out today – Did you receive yours?

July 2021 Issue Covered

• Avoid Common Mistakes in your Business Return, and include appropriate income
  – WHAT TO INCLUDE IN YOUR BUSINESS’S ASSESSABLE INCOME
  – CASH INCOME
  – GOVERNMENT PAYMENTS
  – COMMISSIONS, INVESTMENT EARNINGS, GRATUITIES, COMPENSATION PAYMENTS
  – INCOME NOT PART OF EVERYDAY BUSINESS ACTIVITIES
  – CAPITAL GAINS AND LOSSES
• Getting Deductions for Clothing and Laundry Expenses Right
  – OCCUPATION-SPECIFIC CLOTHING
  – PROTECTIVE CLOTHING
  – WORK UNIFORMS
  – CLEANING OF WORK CLOTHING
  – DRY-CLEANING EXPENSES
• Steps to take when winding up your SMSF
  – THE NECESSARY STEPS
  – TAX IMPLICATIONS
• When the taxman sends a bill, not a refund

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FOR YOUR BUSINESS / ORGANISATION

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