As an individual tax payer, you are entitled to claim certain deductions. The Australian Taxation Office (ATO) has provided some guidance on what you can claim given what type of occupation you are in. Please click on the following link – deductions for individuals
If you are operating a business you are entitled to claim certain deduction deductions. The ATO has provide some guidance on what you can claim. Typically, there is a greater range of deduction available if you are running a business as opposed to being an employee. Please click on the following link - deductions for businesses
If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com
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