eBook: The what, why and how of deductibles for small business.


When you’re a business owner, it can be hard to know exactly what to claim – and what not to claim – as a tax deduction. The Australian tax system doesn’t help, with some complicated rules around deductions, levies and the fringe benefit tax. Despite the confusion, it’s worth figuring out what’s eligible. The more expenses you can claim as tax deductions, the lower your taxable income and the smaller your eventual tax bill.

Although it’s crucial to get expert tax advice around EOFY, it’s also smart to have a basic understanding of deductibles and eligible expenses so you can keep records throughout the year.

Not sure where to start?

In this eBook, we explain the rules around deductibles and look at some eligible expenses, including:

  • Meals and refreshments
  • Coffee and tea
  • Uniforms and laundry
  • Work-from-home expenses
  • Sunglasses and sunscreen
  • Training and education
  • Phone calls
  • Insurance
  • Charitable donations

We also look at some expenses that are not eligible for deduction, and explain how to track key expenses throughout the year so you can substantiate your claims. It’s about getting organised early so you’re not scrambling for receipts at the end of the financial year.

Ready to get deductibles sorted? Download the guide now.

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