Run my business from home – CGT implications and Record-Keeping
What record do you need to keep when running a business from home? What if I sell my property? What's the CGT implications? Records you need to keep You need…
Run my business from home as Trusts and companies
Trusts and companies If you operate your home-based business as a trust or company, the business should have a genuine, market-rate rental contract (or similar agreement) with the owner of…
Occupancy expenses – Running Business from Home
What are Occupancy expenses? Occupancy expenses are the expenses that you pay to own or rent your home. For example: - mortgage interest or rent - council rates - land…
Running expenses – Running Business from Home
What are Running expenses? Running expenses are the increased costs from using your home’s facilities for your business, for example: - the costs of using a room (such…