Some tax deductions that you may be able to claim include:
Operating expenses – rent, utilities, office supplies, and equipment
Motor vehicle expenses – fuel, repairs, and maintenance incurred while conducting business
Travel expenses – airfare, accommodation, and meals incurred while conducting business
Depreciation – a deduction for the decline in value of assets used in the business over time, such as machinery, equipment, and vehicles.
Bad debt – a deduction for debts that are unlikely to be recovered
Superannuation contributions – a deduction for contributions made to their employees’ superannuation funds
Insurance – a deduction for insurance premiums paid, such as public liability and professional indemnity insurance
Advertising and marketing – a deduction for expenses incurred in advertising and marketing their products or services
Other work-related expenses – tools, uniforms, training, self-education expenses, charitable donations, and investment expenses