Search results

Paul . Thanks again for your detailed answer.Seems to be a blurred area. Seems Millions of people in Australia who do some form of business from home are unintentionally open to losing some of their tax free capital gains.

Thanks Paul. There is no intention of claiming operating costs. It is only used for a few hours a week. Seems to be there should be a distinction between somebody setting up a commercial operation such as a nail salon or dentist and a person who invites a client into his home study for a...

Can you run any small advisory business from home in your study for a couple of hours a week without it affecting capital gains tax on principle place of residence? ATO does not seem to cover it that well. It talks about a business of convenience. Does anybody know what that means...