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Tax - Deductions & Issues Sonia Gibson Tax - Deductions & Issues Sonia Gibson

Can I Claim That? A Guide To Tax Deductible Business Costs

The number one question we get asked is “what business costs are tax deductible?” The simple answer is – money spent on costs to run your business, that are not capital (for example, land buildings, plant and equipment) or personal are tax deductible. But it is not that simple. Australia has over 6,000 pages of tax legislation! Here, in 2,000 words is our very brief summary of tax deductible business expenses.

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