I would like to start a business, helping restaurant owners renovate their shops. What tax deductions can the restaurant owners claim? Can they claim services on renovation? Can they claim tax deductions for the services I provide them?

Any legitimate cost of doing business should be tax deductible.

There should be some depreciation expenses on the equipment and fittings as well.

Always best to check with your accountant for verification before making a claim.

Hi Susan. I specialise in business and commercial finance in the Perth North region. While I'm not an accountant, I can say I regularly see deductions related to similar expenses, within clients financial reports. We have even seen this included within accountant prepared forecasts, when organising funding for fit out projects in the past.

In a basic sense if the expense is related to an income generating activity, then generally it would be an allowable deductible expense for the business.

If you would really like to know the in and outs of the tax aspect. I can introduce to my accountant in Wangara. I work very closely with him for many shared clients. He would be more than happy to discuss this with you.

Cheers

Casey