Income & deductions February 2017

Listen to a Preview

Update Required To play the media you will need to either update your browser to a recent version or update your Flash plugin.

Running Time: 13:06

Date: 01/02/2017

No disclaimer of interest in trust: assessments increasing taxable income by $13m stand: Re TVKS and FCT [2016] AATA 1010
Home office expenses on floor area basis – FCT's method preferred: Re HWZG and FCT [2016] AATA 1017
Deduction for bad debts: beneficiary of a trust and UPEs: TD 2016/19
Commercial website deductibility: TR 2016/3

Peter McGinty, Chartered Accountants Australia and New Zealand