Unpaid Invoice? When You Can Claim a Bad Debt Tax Deduction (ATO Rules Explained)
Late payments and unpaid invoices are an unfortunate reality for many Australian businesses. Whether you’re a sole trader, partnership, or company, cash flow can suffer when clients don’t pay on time, or at all. The good news? In certain situations, you may be eligible for a Bad debt deduction Australia under Australian Taxation Office (ATO) […]