Listen to your accountant:
https://youtu.be/9glhSlpSdh0
Bro, or sis, I would say I have a pretty good relationship with the Australian Tax Office (ATO).
I mean if you have a major problem with predatory builders and predatory lawyers being all predatorial with low english speaking migrants or what have you, I have always found the actions of the ATO to be prudent and measured.
This year I could claim on a rental property I rented out from July 1st 2021 to last December and probably get an actual deduction. However I'm not even going to bother declaring rental income or anything. If I have to go back and fix that, I will and then I'm pretty sure with the deductions I'd be claiming I'd actually have more of the ATO's money and less of my own. Honestly I just could not be bothered. Can you imagine Christian Wolf claiming a deduction on the cistern lid his girlfriend damages while trying to smash some crimmo psycho killer's hand? Too much hassle bro (or sis, or zer or whatever your pronoun is if you self mutilated down under whatever).
The thing is I don't have to pay capital gains tax on the house sale coz mom died within two years if the actual sale. Conversely, however, I do expect to claim a significant deduction for capital gains losses on crypto currency. My position is if the tax office changed the rules for themselves to get a slice of crypto gains as capital gains as if it were real estate (like in Ukraine or somewhere) then they must extend themselves to losses like everyone else.
I have actually set precedents with the ATO that they have accepted and which never saw the light of day as it was never publicized through media or legal circles or via word of mouth with CPAs. Specifically regarding cars used for Uber. So I always feel very trusting and confident of my relations with the ATO.
I cannot, however, understand Ben Affleck's artificial intelligence computer in this movie as it acts more like a jealous mother.
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