Business can move at a rapid pace so we’ve created an infographic that highlights four simple ways to keep your business in shape and give yourself every opportunity to do better business in 2020. At 542 Partners we don’t only look at the numbers, we help you achieve your business goals. Let’s Talk Love the blog? Subscribe to receive it fortnightly. … Read More
Vacant land deduction changes hit ‘Mum & Dad’ property developments
Legislation that passed through Parliament last month prevents taxpayers from claiming a deduction for expenses incurred for holding vacant land. The amendments are not only retrospective but go beyond purely vacant land. Previously, if you bought vacant land with the intent to build a rental property on it, you may have been able to claim tax deductions for expenses incurred … Read More