Recent Question/Assignment

I am sending U my question. I need 1000 words as I told U before.

question 1 General deductions
What is your view re: compulsory business expenses and their
deductibility under s8-1 ITAA97 where they are incurred AFTER the
business ceases to operate? How does this compare to expenses
such as legal fees? (5 marks)
2) Question “Specific Deductions”
Explain the difference between capital improvements compared to
Repairs and Maintenance, giving consideration to a taxpayer who owns a
rental property. (5 marks)

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