Business Consultant
Navigate taxes for independent consultants in Australia.
Allowable Expenses
- Professional Indemnity — Insurance to protect your consulting advice.
- Travel & Meetings — Travel to client sites and meeting room hire.
- Marketing — LinkedIn Premium and website costs.
- Home Office — Running costs for your home workspace.
Tax Tips
- Professional associations and memberships are deductible.
- Claim the business use of your mobile phone for client calls.
- If you earn over $75k, you must register for GST.
Frequently Asked Questions
Is LinkedIn Premium deductible?
Yes, if used for business networking and marketing.
Do I need to pay GST?
Only if your annual turnover is $75,000 or more.