With the end of financial year fast approaching, and a new one right around the corner, it’s time to think about ways to cut down your business expenses. Some hacks are more obvious than others, so here is a list of the ones you might not know about.
Capitalising on commercial property depreciation deductions
Across the board, tax experts agree that businesses often pay more tax than they actually need to. They also agree that a great way to cut your tax bill is by capitalising on depreciation deductions on the commercial property you own or rent – something many businesses miss out on.