6 months ago
Technology Boost
Hi all,
I'm entitled to claim the technology boost with my tax and was hoping someone could help with advice on how to enter the transaction for the Boost amount in MYOB, I understand one part is the expense but what's the other side of the entry?
I'm also not sure if its a pre tax deduction to reduce taxable income or if its a post tax bonus to reduce what you actually pay to the ATO somewhat like the cashflow boost we received in covid time.
Cheers