Deduction August 2021

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Running Time: 11:20

Date: 01/08/2021

  • Draft LCR on temporary full expensing released (LCR 2021/D3)
  • Effective life of depreciating assets from 1 July 2021 (TR 2021/3)
  • Reasonable travel and overtime meal allowance amounts for 2021-22 (TD 2021/D6 and TR 2004/6)
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Peter McGinty, Chartered Accountants Australia and New Zealand