13-09-21 (Mon) new or thoughts

QUESTIONS TO FIND ANSWERS

Source: Qty Surveyor report

  • Plant and Equipment depreciation (all the fixed assets and fixtures plus ovens, garage etc) in the house.
  • Capital works-Building depreciation
  • Pooling assets with a value less than 1K (new or low value assets)
  • Go wide and deep-topic/module/chapter/para/sentences/words/exercises-filter the new key points in my own words.

11-09-21- Daily Summary reflections

Who needs to file a return? Depends on:

The income threshold exceeded the free tax threshold.

Any tax withheld.

Any RFBA received.

Sources and nature of income, e.g disability benefits no need; if only receive a rental income below a certain threshold; receives

Many other situations or scenarios in Module 1.