The good news about bad debts
By Chris Ridd · 3 July 2014 · Accounting
By Chris Ridd · 3 July 2014 · Accounting
Bad debts can sink your business, but did you know there's a way to deduct them from your tax? Find out how to avoid the financial pitfall and keep your business afloat.
Bad debts can be bad news for small business. Chris Ridd, managing director of small business accounting software provider Xero Australia, explains how you can deduct them from your tax – and how you can avoid them.
Tags: Debt, EOFY, Small Business, Tax