Tips for Maximising your Tax Return this EOFY

As we reach the new financial year, many small businesses will be looking forward to indulging in reducing their tax bill or increasing their tax refund. So why not do it? Now is a great time to sag a tax-deductible bargain and reduce the cash flow impact before you place your tax return sometime after July 1. One can deduce their tax in many ways such as by solar panel installation, working from home deductions, mobile phone uses, etc. we will look further into these points. To claim the deduction, one should keep in mind that you need not just make the purchase, but the asset purchased must be installed and ready for use by June 30. So please don't leave it to the last minute and never buy something out of stock and won't come back in store until July. What are the different types of deductions that you can claim? Read More : https://www.solar-secure.com.au/blog/maximise-your-tax-return-eofy/