If you own a small business here’s a list of common tax deductions you may be able to claim.
Don't forget that you need to show you are actually 'out-of-pocket', and that the expense has been incurred to run your business.
ADVERTISING AND SPONSORSHIP
Costs to promote your business, advertising or sponsorship to sell 'trading stock' and to hire staff can be claimed.
BAD DEBTS
A debt that is unpaid and written off as bad (uncollectable) can be claimed. Check the . . .
Access to this content is available via a current Coonamble Times subscription.
Purchase single issue downloads of the Coonamble Times online editions for only $2.50 or become a subscriber for full access to online flip-books, archive downloads and the latest local news content.
For free content see our Featured Local News category