A-Z index

Business deductions

Deductions: You may be able to claim a tax deduction for expenses you incur in carrying on your business.
Deductions for home-based business expenses: How to claim tax deductions for home-based business expenses if you operate some or all of your business from home.
Deductions for repairs, maintenance and replacement expenses: Businesses may be able to claim for non-capital repairs, maintenance or replacement of machinery, tools or premises used to produce business income.
Deductions for salaries, wages and super: Business owners can generally claim a tax deduction for salaries and wages paid to employees and for superannuation contributions made for them and certain contractors.
Income and deductions for business: This information has been refreshed. Most income received from carrying on a business is assessable for tax purposes. You can claim deductions for expenses and may be eligible for concessions, offsets and rebates.
Losses: If your business makes a loss, you may be able to carry it forward, or offset it against other income, depending on your business structure.
Small business entity concessions: Small businesses have access to a range of tax concessions. This information will help you work out if you are a small business for an income year and what concessions you may be eligible for.