..........

generally

avoidance arrangements

when deductible

associated persons and relatives, amounts paid to, reduction of deduction

family members, expenses incurred in maintaining, no deduction for

generally

excess of allowable deductions

general

companies

debt/equity swaps

money lenders, listed country branches, no deduction
for

see also losses

Commonwealth Savings Bank of Australia

foreign banks, Australian branches of

no deduction for

see also depreciation

..........

capital allowances

income producing buildings, capital allowances

see also heritage conservation work

..........

see also depreciation and development allowance

no deduction for an amount that would otherwise be deductible only because a net capital gain is included in assessable income

net capital loss, no deduction for

net capital loss, transfer within company group

see depreciation

generally

"cents per kilometre" method

"log book" method

"one-third of actual expenses" method

substantiation of car expenses

"12% of original value" method

employee’s car expenses where car provided by employer can be used for private purposes, no deduction for .

employee’s car parking expenses, no deduction for

self-employed persons, partnerships and trusts car parking expenses, no deduction for

self-employed persons, partnerships and trusts car parking expenses, reduced deduction approved using allowed method

taxable income of a child, deductions taken into consideration in calculating

club fees, no deduction for

see also subscriptions to associations

generally

distributions of assessable income

excessive payments to shareholders directors and associates, reduced deduction

more than one class of income, order in which deductions must be claimed if entity in receipt of

generally

bad debts

depreciation

finance share dividends

taxes paid

see interest

expenditure in obtaining registration

see foreign exchange

generally

calculation of depreciation

car disposal, balancing adjustment under section 59 may be reduced by Commissioner

deduction for

disposal, loss or destruction of depreciated property, balancing adjustment

iron and steel production, special depreciation

motor vehicle, limit on cost price

partial use of property, only partial deduction

roll-over relief, unpooled property

trading ships, special depreciation

expenditure in obtaining or extending registration

generally

disposal of property after 12 months.

leased property, limit on deduction for

lessor may transfer benefit of deduction to lessee

new property, capital expenditure incurred after 26 February 1992, additional deduction

see depreciation

debt dividends

franking credits, companies and non-residents

franking credits, pooled development funds (PDFs)

see primary production

Higher Education Contribution Scheme, no deduction unless provided as fringe benefit

limit on deduction

Federal and State Parliament election expenses

local government election expenses, limited deduction
for

capital cost of

embezzlement, defalcation, larceny, misappropriation, losses caused by

pensions, gratuities or retiring allowances for ex-employees

see also shares

expenditure, no deduction for some

meal entertainment, calculation of deductible amount

environmental impact studies

environment protection expenditure

..........

Australian films

exempt film income

see also losses

see borrowing expenses, infrastructure borrowings, interest, leases and securities

losses

limit on deduction

generally

loss under cash surrender values method

loss under market value method

notional deductions

see foreign investment funds

generally

Australian branch of a foreign bank, foreign tax paid on interest received by the branch from a place outside Australia

freight for shipped goods

contributions for private component, no deduction for

employee’s car expenses where car provided by employer can be used for private purposes, no deduction for

employee’s car parking expenses, no deduction for

expense payment fringe benefits, reduced deduction

general

cultural organisations, eligibility criteria

environmental organisations, eligibility criteria

limit on deduction

see also tax avoidance schemes

see primary production

see primary production

generally

rebate, no deduction if entitled to a

no deduction for unless fringe benefit

see primary production

generally

deduction for

disposal or lapse of a unit of industrial property

copyright design and patents, expenditure in obtaining grant or registration

generally

no deduction for

generally

assets, notional Part IIIA disposal of

benefits or reinsurance premiums, no deduction for

deductions for

investment component, cost of obtaining

superannuation premiums, expenditure incurred in obtaining

generally

insurance premiums, no deduction unless arrangement to pay tax

reinsurance, no deduction for resident carrying on insurance business in Australia for reinsurance premiums paid to a non-resident

convertible notes, interest on, generally

interest for underpayment or late payment of tax

interest, no deduction for interest paid by a non-resident until the withholding tax payable has been paid .

life assurance premiums, interest etc. on loans to finance, no deduction for

non-residents, debt creation involving, generally

superannuation contributions, interest etc. on loans to finance, no deduction for

thin capitalisation by non-residents, generally

see also infrastructure borrowings

see transfer pricing

see transfer pricing

see shares

special depreciation for property used in basic iron and steel production .

see primary production

see embezzlement

..........

finance leases and arrangements, use of property if end-user an exempt public body or use outside Australia to produce exempt income

improvements on leased land and premiums, leases assigned or surrendered before 23 October 1964 and for mining leases assigned or surrendered before 10 May 1968

leveraged arrangements, property used:

..........

accrued leave transfer payments

no deduction for leave payments until paid

capital legal expenses, limited deduction for

no deduction for

..........

see borrowing expenses, interest and securities

foreign exchange

profit-making undertaking or scheme

property sale

traditional securities, loss on disposal or redemption of

see also tax losses

see shares

see subscriptions to associations

generally

gold mining

uranium mining

expenses of discharging a mortgage

see car expenses and leases

non-cash business benefits

non-cash consideration, money value deemed to have been paid or given

generally

modified application of depreciation provisions .

modified application of trading stock provisions

no deductions allowable under section 79E, 79F, 80, 80AAA or 80AA

generally

deductions for

foreign tax deduction

losses, partner’s share of partnership loss

expenditure relating to grant of patents, etc.

no deduction for penalties

generally

petroleum resource rent tax payments

see capital allowances and depreciation

..........

see advance expenditure

drought investment allowance, generally

grape vines, expenditure incurred in establishing

horticultural plants, establishment costs of

income equalisation deposits

land, preparing clearing ploughing or draining land for use in primary production and other activities

land degradation, expenses incurred in preventing

telephone lines, cost of extending

water, expenditure on conserving or conveying

see also electricity connections

general

limit on deduction

arrangements relating to use of property if end-user an exempt public body or use outside Australia to produce exempt income

leveraged arrangements, property used:

..........

sale of property, profit or loss

see also capital allowances, depreciation and losses

generally

debt dividends, application of section 67AA

see securities

..........

..........

expense payment fringe benefits, reduced deduction

see insurance with non-residents

see associated persons

general

repair covenants, payment for non-compliance with covenant to repair under lease

generally

scientific research

see timber

royalty paid where tax instalment deductions have not been made by the payer, no deduction for

see research & development

qualifying securities

substituted securities

traditional securities, loss on disposal or redemption of

buy-backs

cancellation of subsidiary’s shares in holding company

employee share acquisition schemes, deduction for provider of qualifying shares or rights

see also dividends and securities

no deduction under section 82AAC

body ceasing to be STB, some deductions not allowed

..........

work, travel and car expenses

setting off deductions where more than one class of income

see insurance and annuity business and interest

generally

asset disposals

death or disability benefits, deduction for future service element

death or disability cover, premiums for

detriment payments

financial assistance levy

general

limit on deduction

generally

contributions to eligible superannuation fund for employees

contributions to non-complying funds

deposits under the Small Superannuation Accounts Act 1995

no deduction for under any other provision of the Act

no deduction for

late lodgment amount, no deduction for

see tax related expenses

companies, use of tax losses or deductions to avoid tax

diverted assessable income

dividend stripping

gifts

international profit shifting, transfer pricing

prepaid outgoings to avoid tax

recouped expenditure

tax avoidance scheme, no deduction allowable where deduction the result of

trading stock

investor, no deduction for

bad debts, companies

change of ownership or control of a company

generally

for earlier income years

for income year of the change

earlier income years

film losses

pooled development funds

transfer between companies in same wholly-owned
group

..........

see primary production

access roads for timber operations, expenditure on

land attributable to felled timber, part of purchase price

mill buildings, expenditure on

see depreciation

Commissioner may determine whether consideration paid for chose in action is reasonable

excess of opening stock over closing value

expenditure deemed not to be of a capital nature

prepayments, when stock becomes trading stock on
hand

see also tax avoidance schemes

see securities

training guarantee charge, no deduction for

generally

adjustments to deductions

accompanying relatives, no deduction for some travel expenses

see also substantiation

trust income, deductions considered in calculating

unit trusts

see also non-resident trust estates and public trading trusts

non-compulsory uniforms

see mining

see primary production

see substantiation