Deductions August 2016

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Running Time: 4:03

Date: 01/08/2016

  • ATO checks work-related deductions in real-time
  • Car depreciation limit: TD 2016/8
  • Effective life of depreciating assets: TR 2016/1
  • Value of goods taken from stock for private use: TD 2016/9
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Peter McGinty, Chartered Accountants Australia and New Zealand