Capital Works Deduction
In MYOB Practice Online Tax, there is no worksheet for the capital works deduction. As a result, I assume I need to use the Assets area to reflect the capital works expenditure. I have tried ...
Forum Discussion
Hi PhilipOcchiuto,
Really appreciate you bringing this up. In cases like this, the best approach is to consult with an accountant to ensure you're handling everything correctly and in line. An accountant can provide tailored advice for your specific circumstances. Hopefully, other users will share their own tips or experiences that could help you manage this for now.
Regards,
Earl
Hi Earl
I am an accountant in public practice. I wasn't looking for tax advice.
I was looking for advice on how to use MYOB's online Assets and online tax software to work out the capital works deduction correctly.
Hopefully you can assist.
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