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Small business skills and training boost

Check if you can claim a 20% bonus deduction on certain eligible training expenditure for your employees.

Small businesses with an aggregated annual turnover of less than $50 million will be allowed an additional 20% tax deduction for external training courses delivered to employees by registered training providers.

The boost applies to eligible expenditure incurred from 7:30 pm AEDT on 29 March 2022 until 30 June 2024.

The bonus deduction is available for expenditure for the provision of training to one or more employees of your business. The training provider must meet certain registration criteria for the bonus deduction.

Training expenses can include incidental costs related to the provision of training, provided they are charged by the registered training provider, such as the cost of books or equipment needed for the course.

Latest News

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Closure of 3G Network
The national 3G network is closing to boost the speed and reliability of the 4G and 5G networks. Telstra will close their 3G network from 28 October 2024. Optus will close their 3G network from 28 October 2024. TPG Telecom/Vodafone has already closed their 3G mobile network as of January 2024. Devices that depend on […]

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HVWTA Tourism Partnership
In March 2020, Council commenced developing the Hunter Valley Visitor Information Centre Business Plan for the purpose of identifying process improvements, service delivery improvements, cost savings and financial opportunities. 

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