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How your businesses can recover $500+ in overlooked tax deductions

Summary by Dynamic Business

This end of financial year, small business owners are being urged to look beyond convenience when it comes to lodging their tax returns. As cost-of-living pressures squeeze households and businesses alike, new research from H&R Block Australia shows that many self-employed Australians could be unknowingly short-changing themselves, by more than $500 on average. According to the study, 66 percent of self-lodged returns reviewed by a tax professio…

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Here's the Unknown Tax Deduction - Few Take Advantage of Fixing Their Appliances

If the appliance breaks down and is repaired by a repairman in the home, it is possible to make a tax deduction for the labor cost. Good for the environment and the wallet. Yet few people use the tax deduction. – In relation to how many people have applied for other tax deductions and tax deductions, few people take advantage of this, says tax return expert Johan Schauman at the Swedish Tax Agency.

4 days ago·Stockholm, Sweden

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