Tax Foundations: Allowable deductions - general

This tax foundations series covers everything from income tax, GST, PAYG, CGT and other Australian tax system essentials. A firm understanding of these essentials will give you a great head-start as a tax professional.


The concept of allowable deductions forms a critical part in determining a taxpayer’s liability to income tax. In this practical session, gain an understanding of what constitutes an allowable deduction for Australian tax purposes and how it applies to your clients.

Learning Outcomes

On successful completion of this topic, participants should be able to:

  • Understand the legislative framework for allowable deductions
  • Identify common law principles that are the basis for understanding the general deduction provision
  • Identify issues concerning deductions against business income or commercial operations
  • Utilise the provisions and principles in a practical context


    Topic: Financial Advisory and Superannuation, Tax

    Sub-Topic: Business Tax, Employment Taxes - PAYE, PAYG & FBT, GST, Income Tax (inc CGT), International Tax, State/Territory Taxes, Tax Administration

    Format: Recorded Webinar

    Proficiency Level: Foundation, Intermediate

    CPD: Upto 1 hours