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Old 04-09-2009, 01:54 AM   #28 (permalink)
Ed99
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Join Date: Oct 2008
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Quote:
Originally Posted by cakesy View Post
If you do development yourself, and are registered as a Business (as you need to be in Australia), then you can claim it all back on tax. My problem is that I will be in the US next week, and can't get time of from real work for a while.
I'm not sure how it works in Australia, but I'm pretty sure in the USA its a valid business expense, so you can deduct it from the total amount you are paying taxes on, but it is not a tax credit. So you won't be paying money on the income used for the event, but you will still be paying for it :P
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