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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 29 May 2015

Who should use this guide?

Individuals and businesses can use this guide to work out their deductions for prepaid expenses, which they can claim at the appropriate item on their 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 Publications.

QC44189