Many business owners think you need to increase sales to make more money. But often this is the more difficult path. A minimal increase to your profit margin can have a much more profound effect. Watch our video How to improve your business profitability to explore why this is the case and what you should consider in improving the profitability of your business.
Working from Home Expenses – PCG 2023/1
On 16 February 2023, the ATO issued Practical Compliance Guideline PCG 2023/1 in relation to deductions for working-from-home related expenditure. The PCG is applicable from 1 July 2022. Prior to 1 July 2022, a client had the choice of using either the shortcut method, fixed-rate method or actual expenses incurred
