Tax deductions and write-offs for your small business
Metadata
| Field | Value |
|---|---|
| Title | Tax deductions and write-offs for your small business |
| Author | 미상 |
| Site | Commonwealth Bank of Australia (CommBank) |
| Published | 미상 |
| Words | ~700 |
| Language | en |
| URL | https://www.commbank.com.au/business/articles/small-business-tax-deductions.html |
한국어 요약 (Korean Summary)
중요 — 3번째 소스에서도 확인되는 사실: CommBank은 “2026-27 연방예산에서 즉시상각 제도를 향후 연도에도 계속 적용하겠다고 발표했지만, 예산안 조치는 아직 법제화되지 않았으므로 확정이 아닌 ‘제안된 변경사항’으로 취급해야 한다”고 명시 — 이는 앞서 클리핑한 Scale Suite(“미확정”)·Prospa(“영구 확정”) 두 소스와 비교했을 때 가장 신중하고 은행권 공식 입장에 가까운 표현. 세 소스(Prospa/Scale Suite/CommBank)의 “확정 여부” 서술이 서로 다르므로, /ingest 시 이 3건을 함께 검토해 disputed 처리하거나 ATO 1차 소스로 최종 확인 필요. 그 외 내용: $20,000 즉시상각(2025-06-30, 2026-06-30 종료 연도 대상, 자산당 기준), 감가상각 일반 규정, 선급비용(prepaid expenses, 12개월 이하 서비스 기간 항목은 30일 전 선결제 시 당해연도 공제 가능), 사업계좌·대출 비용, 퇴직연금 개인기여금 공제, 홈오피스 비용(고정율법 등).
Original Content
Tax deductions and write-offs for your small business
Think about what deductions you can claim to help boost your business’ tax return.
1. Support for small businesses
Instant asset write-off
For the income years ending 30 June 2025 and 30 June 2026, small business entities (with aggregated turnover of less than 10 million) can immediately deduct the full cost of eligible assets costing less than 20,000. The instant asset write-off can be used for multiple assets, as long as the cost of each individual asset is less than the $20,000 threshold. The measure applies to eligible assets that were first used or installed ready for use during the income years ending 30 June 2025 and 30 June 2026.
In the 2026-2027 Federal Budget, the Government has announced this measure will also apply in future years. However, it’s important to note that the Budget measures have not been enacted into law, so they should be treated as proposed changes until then.
2. Claiming depreciation of business assets
When businesses buy fixed assets, tax deductions are generally not available immediately (except in special conditions like the instant asset write-off). Rather, the cost of the asset is claimed over time, reflecting its decline in value — tax depreciation. Certain small business entities may elect to use the simplified depreciation rules to work out their tax depreciation claim.
3. Prepaid expenses
Prepaying some expenses before 30 June can increase your allowable deductions for the financial year in which they are paid. Eligible expenses include those that have a service period of 12 months or less, for example, annual policies, utility bills or professional subscriptions. Keep in mind that if you claim them this year, you may not be able to claim them next year.
4. Business account and loan expenses
You should also consider whether you can claim the fees and interest from your business accounts and loans around tax time.
5. Deductions for personal super contributions
Businesses can generally claim a tax deduction for super contributions they pay to a complying super fund or retirement savings account for their employees and for certain contractors. Also consider whether you’re entitled to a deduction for your personal contributions — remember to lodge any necessary notices with your super fund on time and not to exceed any caps that may apply.
6. Other deductions
If you operate some or all of your business from home, you may be entitled to claim tax deductions for your home-based business expenses (occupancy expenses and running expenses). Consider whether you can claim using the fixed rate method.
Things you should know: This page is intended to provide general information only and does not take into account your individual objectives, financial situation or needs. Taxation laws are complex and subject to change. Commonwealth Bank does not provide tax (financial) advice under the Tax Agent Services Act 2009 (Cth).
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