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About this guide

This guide explains how to work out deductions for expenses you incur in a later income year.

Last updated 28 June 2012

Who should use this guide?

Individuals and businesses can use this guide to work out their deductions for prepaid expenses, which are then claimed at the appropriate item on the tax return.

Publications and services

To find out how to get a publication referred to in this guide and for information about our other services, see More information.

QC25659