Business29 Dec 2009 10:33 am
My father was an accountant sydney, so I learned a lot of things growing up about how to maximize my tax refund. I am amazed at how many people don’t seem to know things that are just common sense to me. For example, they throw away their receipts. The problem with this is that if they don’t have the receipts they didn’t spend the money, at least as far as the ATO is concerned. Another thing that all too many people fail to do is keep track of the money they spend on a car that they use for business. This one little omission can negate thousands of dollars worth of deductions.