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  1. J

    Non Cash Deductions - Bookkeeper

    Hi there, we have just completed our first tax return re IP and I am not sure my accountant is maximising our return. I need to ask some questions before I challenge my accountant. 1. Fixtures and Fittings. My accountant claims as our IP was built in 1987 technically the fixtures and...
  2. J

    Renting vacant land to park truck

    From: Julie J Hi all, I have a vacant block of land. My neighbour wants to park his truck on my block and has offered to pay $10 per month to park his truck there. So my question is, as I am now generating an income from this vacant block, can I claim the interest on my loan that I took...
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