Your guide to tax time 2022
Your guide to tax time 2022
The Australian Taxation Office has published a new small business tax time toolkit for 2022 to help you throughout the year and during tax times.
This toolkit includes links to useful information, tools, calculators, learning resources and other support and services.
The guide to tax time 2022 is where you can find fact sheets on what you need to do when:
- Claiming home-based business expenses;
- Claiming motor vehicle expenses;
- Claiming travel expenses;
- Claiming digital product expenses;
- Using business money and assets;
- Pausing or permanently closing your business
If you are an individual, you may find the occupation and industry specific guides useful in understanding what you need to report and what you can claim as a deduction.
For further information and the Small Business fact sheets and information, please click here.
For occupation and industry specific guides for individuals, please click here.
The team at Gerard Wilkes & Associates are here to assist with any tax time questions you may have.
Should you have any questions or would like to discuss this article further, please contact us at https://www.wilkes.com.au/contact-us/ or call our office 07 5532 1733.