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Getting Ready For Tax Time

She's On The Money

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How to Be a Successful Small Business Owner

Small business owners need to make sure they are being transparent with the government when it comes tax time. The instant asset write off is going to return with a $20,000 threshold per asset from the 1st of July, 2023 to the 30th of June, 2024. You can't just go buy a stapler and claim that as an asset because you don't know if this is going to be a good thing or not. But small businesses with aggregated turnover of less than $10 million should consider themselves tiny.

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