Claiming occupancy expenses if your home business and cgt.
The implications of your home business and cgt needs to be considered if your home is regarded as a place of business. Typically many small businesses operate their business out of the home. Especially since the onset of covid. Occupancy expenses you can claim In this case, then you are entitled to claim home occupancy expenses if you are running a business. If you use some or all of your business from your home, you may be able to claim tax deductions for home-based business expenses in the following categories: occupancy expenses (such as mortgage interest or rent, council rates, [...] READ MORE
