Happy HR New Year – Tips for your business – business deductions
As a SME preparing for your tax return is an important part of the EOFY processes. If your business has invested in your employee’s development, protected the team with COVID and health related purchases, provided re-imbursement for travel and car expenses it is important to capture that investment in your tax return.
However, if your business has requested that employees claim this back as individuals it is important to remind them of the boundaries.
