• The place to find the right expertise and make better decisions
  • Find the right expertise
Michael G.
Michael G.
Mascot, NSW
0 Likes
0 Followers

Am I still able to claim tax deductions that are billed under my personal name after I set up a PTY LTD company?

7 years ago

Responses

Hi Michael,

Yes and no.

For example if you bought a laptop in your psetonal name you can sell it to the company and get paid.

If you ran the business as a sole trader then you can claim expenses personally.

Just remember some expenses you can take a deduction others you have to deduct over several years.

Hope that helps

Your Answer

If you wish to include a video or audio response, you can do this by including links to Youtube, Vimeo or SoundCloud (https://www.youtube.com/watch?v=xxxxxxxxxx OR https://vimeo.com/xxxxxxxxx)

<% error.message %>