Evolution of accounting!

I was trying to demonstrate how the accounting industry and accounting function in business has changed in past years so we came up with this illustration.(Copyright 2013. All Rights Reserved)

Mixed use holiday home

Do you rent out your holiday home or bach?

The new rules on mixed-use assets could affect you

From the beginning of the 2013/2014 income year, if you are using a property for mixed use, i.e. you sometimes live in it and sometimes rent it out, then the new formula for working out the effect on your income has changed.

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