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Question: Is there a tax saving for installing new windows in your home?

Home  » tax saving

Question : Is there a tax saving for installing new windows in your home?

- asked by G mon

All Answers:
Answer #1
Section 8-1 of the Income Tax Assessment Act 1997only allows a "tax deduction" for expensesdirectly incurred in the course of your businessor in connection with earning your income, to theextent that they are not of a private or domesticnature. So, unless you're a tradespersonsinstalling new windows in my home in the course ofyour business who wants to claim a tax deductionfor the expense of buying the windows so I'll payyou for them.... no.Is that what you're askingabout? :)Edit -Would the clever people who gave mea thumbs down like to write a better answer? lol
- answered by miss schlonky




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