@@EthanRooshock In AU there are many music record labels and publishers (sole/company) who release songs worldwide, collect royalties from overseas and pay to their clients locally and overseas too after keeping their %
Another good travel deduction is traveling to share holder meetings (If you get dividends or cap gains) Especially since the government does not allow travel to investment properties
Great content as always!❤ Can you talk about PSI and what makes it different from business income. Also about the unique deductions comes alongside it.
Great video! I had a question re food - in the USA I see the cooking people say 'this is tax deductible' as I had to purchase stuff specifically to make this video especially if it's a 'how to' video but I'm told here in Australia it's not accepted as we are going to eat it anyway. Even if we gave it away it can't be claimed but if it's destroyed beyond repair eg a cake smash then we can - totally bizarre ....
What other business tax topics would you like to see me cover?
Music distribution company
PSI for both sole trader and company structures in simple English
@@philiprachtman1217 Yep definitely will be covering that soon.
@@GaanBakshoMusic What in particular?
@@EthanRooshock In AU there are many music record labels and publishers (sole/company) who release songs worldwide, collect royalties from overseas and pay to their clients locally and overseas too after keeping their %
This is what we need brother thank you. ❤
No worries!
Another good travel deduction is traveling to share holder meetings (If you get dividends or cap gains) Especially since the government does not allow travel to investment properties
That's a unique one
Great content as always!❤
Can you talk about PSI and what makes it different from business income. Also about the unique deductions comes alongside it.
Yep planning on covering it in late August or early September.
Great video! I had a question re food - in the USA I see the cooking people say 'this is tax deductible' as I had to purchase stuff specifically to make this video especially if it's a 'how to' video but I'm told here in Australia it's not accepted as we are going to eat it anyway. Even if we gave it away it can't be claimed but if it's destroyed beyond repair eg a cake smash then we can - totally bizarre ....
Always worth getting advice from your tax agent in that case to see what they say as it will depend on the individual situation.
@@EthanRooshock I don't earn over the threshold to make any claims back yet so it's why I was asking before investing into future videos!
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Cheers!