Planning on writing off an impulse EOFY sales buy? You won’t get all your cash back at tax time
Chances are you’re seen at least one ad for an “EFOY” sale already today. EOFY, an acronym for end of financial year, is a time when businesses offer discounts on products and sometimes encourage shoppers to buy items to write off as deductions on their upcoming tax returns. The combination of a discounted price and…