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  1. ZOMG

    2015-2016 Budget

    Simple question about the $20k deduction- If I have a sole trader business that made $2k and I purchased a computer for business purposes that cost $2k, under the $20k deduction my taxable income is now $0? Which means I get whatever tax I paid on the $2k income back? I.e. 28% of $2k = $560...
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