Business income, losses, deductions and concessions

As a business owner, you can use this information to help work out your business income and deductions for tax purposes.

How to claim the cost of capital assets over time, reflecting the asset's decline in value.

Pay as you go (PAYG) instalments are regular prepayments of the expected tax on your business and investment income.

Access information about losses.

Explains what is primary production, and the specific rules about reporting and tax concessions for primary producers.

Defines what personal services income (PSI) is and how to correctly record and report PSI.

How to determine if your activities are part of the sharing economy and the impact on your super and tax.

Information on business incentives and concessions.

The 2021–22 small business benchmarks help you compare your business's performance against similar businesses in the same industry.