Show download pdf controls
  • Chapter 8-Taxpayers, other than individuals or Simplified Tax System taxpayers, incurring deductible non-business expenditure



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Non-business expenditure

    Non-business expenditure is any expenditure you incur in gaining assessable income from activities that do not amount to a business. For an entity carrying on a business, circumstances can arise where you may incur deductible non-business expenditure. A common example is expenditure made in respect of a rental property held as a passive investment.

    Last modified: 10 Dec 2019QC 27429