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Deducting Rent or Home Loan Interest Costs when in Business

Guidance on home-based businesses from the ATO The ATO has released some specific guidance in relation to home-based businesses. The guidance deals with the issues that arise in the context of a range of different business structures, including where the business is operated by a sole trader or as partners in a partnership as well as through entities such as companies and trusts. In relation to businesses operated as a sole trader or in partnership, the guidance …

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