The Ability to Deduct Prepaid Expenses

One of the tax breaks that the ATO grants to small businesses (turnover under $10million) is the ability to claim prepaid expenses in current taxes. Melanie explains how the rule works and what it could mean for your business.

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Suite 3/24 Edgar Street,
Coffs Harbour NSW 2450

The Big Red Building
Cnr Mildura & Edgar St

PO Box 4504
Coffs Harbour Jetty NSW 2450

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