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susros(Initiate)Initiate
29 Sept 2022

Hi, just wondering are ASIC application fees like Company registration, business name registration, or Company name changes, tax deductible?

10,334 views
1 replies
10,334 views
1 replies

Most helpful response

Most helpful reply

AnitaATO(Community Support)Community Support
2 Oct 2022

Hi @susros,


Yes, your ASIC fees are tax deductible. These are a general operating expense when operating a business.


But any late or overdue payments to ASIC will not be tax deductible as these are a penalty for not complying.

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Are ASIC application fees tax deductible? | ATO Community