What Legal Expenses Can I Claim As Tax Deductions?

Producing assessable income … When a legal expense is incurred in relation to the operation of a business to produce assessable income, it is generally allowable as a deduction. Exceptions are when the legal fee is capital, domestic or private in nature, if it is specifically excluded by another section of income tax legislation, or …

What Legal Expenses Can I Claim As Tax Deductions? Read More »