Question
Mens health fitness magazine subscription $130.00 Donation to Cancer Council $250.00 Donation to Daniel Morcombe foundation $300.00 Membership to Australian Chamber of commerce and industry
Mens health fitness magazine subscription
$130.00
Donation to Cancer Council
$250.00
Donation to Daniel Morcombe foundation
$300.00
Membership to Australian Chamber of commerce and industry
$1,200.00
Preparation and lodgement of 2020 tax return by Hillbilly Accountants
$2,500.00
Payment for life insurance policy that covers Maxs income in the event
of illness or death. The premium is deducted from Maxs bank account via
direct debit each month. Total premium paid for the financial year was
$3,300. 60% of this amount relates to life insurance with 40% being for
replacement of income in the event of a serious illness.
$3,300.00
Hi, i don't know which one should be included in the income tax return and how to record it in the income tax return. Please help me!!!!
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